Variable Rate

• Variable mortgages cost Canadians tens of thousands amid high rates. Is the risk worth it?

  The 10 rate hikes in the past year-and-a-half have left many Canadians feeling squeeze, but those with variable rate mortgages have perhaps felt the biggest pinch.

  Canada

  Sep 21, 2023
  
• Renewing your mortgage? Here’s what to know as the Bank of Canada raises rates

  Experts say it’s now time to take a step back and really take stock of your finances, but don't be afraid to shop around to ensure you get the lowest mortgage rate at renewal.

  Money

  Oct 26, 2022
  
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• House hunting? Here’s what to ask your mortgage broker before making an offer

  Picking a mortgage has only gotten trickier as the Bank of Canada began hiking interest rates this year. Here's what to know before you make an offer on a home.

  Money

  Aug 29, 2022
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• Variable? Fixed? Static? Picking the right mortgage as interest rates rise

  Mortgage costs are rising as the Bank of Canada hikes interest rates. Here's what to know before you lock in a mortgage, be it variable or fixed.

  Money

  Aug 12, 2022
• Albertans feeling the pinch as Bank of Canada hikes key interest rate

  According to the latest MNP Consumer Debt Index, nearly seven in ten people in Alberta say they are already feeling the effects of interest rate increases.

  Economy

  Jul 13, 2022
• Alberta brokers favouring variable mortgages over fixed rates as Bank of Canada raises rates

  Alberta mortgage brokers say despite the Bank of Canada rising interest rates, a variable mortgage is still preferred over fixed rates.

  Economy

  Jun 1, 2022
• Fixed or variable? How to pick a mortgage as interest rates rise

  Should you go with a variable or fixed-rate mortgage? Rising interest rates are changing the calculus for prospective home buyers, experts say.

  Money

  May 2, 2022