Canadians who decided to get a variable rate mortgage over the past two years are feeling the pinch after the Bank of Canada raised its key interest rate 10 times in the past year and a half. Sean Previl reports on what mortgage professionals are saying, and whether you should take the jump.
- How to manage your finances amid high mortgage payments
- Interest rates expected to stay higher for longer. What that means for your mortgage
- Variable mortgages cost Canadians tens of thousands amid high rates. Is the risk worth it?