Variable-rate Mortgage

• Better mortgage rates but not prices for B.C. homeowners, buyers after BoC rate cut

  British Columbians can expect better mortgage rates after the Bank of Canada cut its key interest rate again Wednesday, experts said. Affordability, however, is still an issue.

  Economy

  Sep 4, 2024
  
• Variable or short-term fixed mortgage? Where experts see the ‘sweet spot’

  Expectations for interest rate cuts from the Bank of Canada could make a variable mortgage an attractive proposition. Here's what experts say about the risks and possible rewards.

  Money

  Mar 13, 2024
  
• Advertisement
• 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
• Advertisement
• Mortgages 101: What you need to know before looking for a home

  Global News's Home School series is back with an explainer on mortgages: what kinds there are, what goes into qualifying and the costs you might not know about.

  Money

  Apr 15, 2023
• Interest rates have soared in 2022. Here’s how much more you’re paying to borrow

  Canadians are increasingly worried interest rates are rising faster than they can keep up, and it's not just homeowners. Here's who's feeling the pain as debt costs soar.

  Money

  Dec 7, 2022
• Short-term, fixed-rate mortgages are growing in popularity. Are they right for you?

  Is the five-year fixed-rate mortgage still the gold standard in Canada? Shorter terms are growing in popularity, but here's what you should know before locking in.

  Money

  Dec 3, 2022
• Canadians are stressed about rising interest rates. Here’s what you can do

  Renters, low-income households and younger Canadians are among those feeling the most anxiety about rising rates. Here's how to handle the impact on your budget.

  Money

  Oct 27, 2022
• As rates rise, is now the time to lock in a fixed mortgage? Here’s what to know

  Variable-rate mortgage holders seeing interest rates rise are getting antsy and thinking more and more about converting, brokers say. If you're in that boat, here's what to know.

  Money

  Sep 17, 2022
• Advertisement
• Trigger point: Why some mortgage holders may have to pay more as interest rates rise

  As interest rates rise, more mortgage holders and their lenders are talking about 'trigger rates.' Here's what you need to know and who could soon be paying more.

  Money

  Sep 7, 2022
• Advertisement
• Not all Canadians feel the pain of interest rate hikes. Here’s why that might change

  The Bank of Canada is expected to raise interest rates for the fifth time this year on Wednesday. Here's what's on the horizon for Canadian mortgage holders.

  Consumer

  Sep 6, 2022