Fixed or variable? Mortgage rate tug-of-war complicates the decision for Canadians
Borrowers are caught in a mortgage rate market that changes by the week, with little sign of stability ahead. With every passing week, the Bank of Canada faces conflicting economic signals, leaving Canadians guessing about its next move and triggering rapid changes in mortgage rates. After several weeks with the lowest 5-year fixed rates holding above 4%,…
