Fixed- or Variable-Rate Mortgage? Right Now It’s No Contest

With the Bank of Canada keeping its policy low last week and until 2023, the fixed vs. variable debate is an unusually one-sided one right now.

Last Wednesday the Bank of Canada (BoC) announced that it would keep its policy rate at 0.25%, as was universally expected.

Original Article Source Credits: Move smartly , https://www.movesmartly.com/

Article Written By: David Larock

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