Is a variable mortgage rate still worth considering after the Bank of Canada’s rate hike?
· theglobeandmail.com · popularity 14/100 · 0 similar stories today · Personal Finance & Investing (Money, Markets & Investing)
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Summary
Variable-rate mortgages were having a moment – until the Bank of Canada raised its trendsetting interest rate last week, citing concerns about high oil prices. Canadians had been flocking to variable rates over the past few months as turmoil in the bond market pushed up fixed mortgage rates. In …
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