Are Variable Mortgages Worth the Risk? How High Rates Cost Canadians Tens of Thousands – National SEO Upgrade
A recent report by Rates.ca reveals that variable rate mortgage holders in Canada have incurred thousands of dollars in additional interest since the Bank of Canada began raising rates. The report compares the difference between fixed and variable rate mortgages using a hypothetical example of a five-year insured mortgage of $500,000 taken out in July …