Fixed rates have long been the conventional choice for stability. However, there’s a compelling case to consider the road less traveled – variable rate mortgages. 1. Navigating Economic Changes: Riding the Wave VRMs are often tied to benchmark interest rates. They can offer borrowers a unique advantage in times of economic change. These mortgages have […]
In today’s mortgage climate many Canadians are feeling anxious when asked about how they feel about rising interest rates ahead of their next renewal. Rising interest rates are creating extra financial strain on homeowners leading some people to dip into savings to help offset the rising cost of living and increased mortgage payments. Below you will […]