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Is a variable mortgage rate still worth considering after the Bank of Canada’s rate hike?

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Is a variable mortgage rate still worth considering after the Bank of Canada’s rate hike?
Photo / Coverage: The Globe and Mail - BusinessCredit: Mariya Postelnyak
EXECUTIVE SUMMARY

A variable rate could still be the cheaper option long-term for many mortgage shoppers

Key Takeaways

  • Is a variable mortgage rate still worth considering after the Bank of Canada’s rate hike?.
  • A variable rate could still be the cheaper option long-term for many mortgage shoppers

A variable rate could still be the cheaper option long-term for many mortgage shoppers

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Published originally on The Globe and Mail - Business

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