fixed vs. variable

Mortgage activity down 25% from 2022 and fixed rates remain top choice, stats show

November 23, 2023 No Comments

High interest rates have applied the brakes to Canada’s mortgage market, which saw growth slow to a 22-year low in September.

Fixed rates back as top mortgage product of choice: National Bank

August 23, 2023 No Comments

Despite interest rates potentially being at or near a peak, borrowers aren’t betting on rate cuts anytime soon.

Fixed mortgage rates rise as bond yields near 4 percent

Fixed mortgage rates keep rising, and could continue as bond yields near 4%

July 7, 2023 No Comments

Bond yields ended the week higher, flirting with a key technical level of 4% following the release of overall strong employment data in both Canada and the U.S.

Popularity of variable-rate mortgages plummets to pre-pandemic levels

June 20, 2023 No Comments

The popularity of variable-rate mortgages is continuing to fall and is now nearly at levels last seen prior to the pandemic in early 2020.

Fixed-rate mortgage popularity in canada

Nearly 40% of homebuyers choosing short-term fixed-rate mortgages: CMHC

May 26, 2023 No Comments

With an expectation that interest rates will fall in the coming years, nearly one in four new homebuyers and those renewing are choosing fixed-rate mortgages with terms under three years.

Fixed mortgage rates are falling

January 30, 2023 2 Comments

While rates have been steadily climbing for variable mortgages, fixed mortgage rates have been moving in the opposite direction.

The popularity of variable-rate mortgages continues to fall

December 1, 2022 No Comments

Now that the spread between fixed and variable rates has largely evaporated, a majority of borrowers are once again opting for fixed-rate mortgages.