Big Bank Warns 2026 Might Prove Very Tough For Canadians Who Chose Variable Mortgages
More Canadians jumped into variable mortgages in 2025 to take advantage of their lower rates, but doing so in 2026 might prove perilous, according to Desjardins. “The recent enthusiasm for variable-rate mortgages may wane in 2026, especially if borrowers start anticipating new rate increases,” Hendrix Vachon, principal economist at Desjardins, said in a report. Canadians have…
