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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.
Realtors are hoping recent frenzied activity is a sign that the Vancouver market is on the upswing
The banking institution pointed to rising interest rates as part of the cause, and combined with a surge in home prices, the ability to afford a home is a difficult prospect.
The 10 rate hikes in the past year-and-a-half have left many Canadians feeling squeeze, but variable rate mortgage holders have perhaps felt the biggest pinch.
The 10 rate hikes in the past year-and-a-half have left many Canadians feeling squeeze, but variable rate mortgage holders have perhaps felt the biggest pinch.