Why variable-rate mortgages rule in the pandemic housing market – and maybe afterward, too

https://www.theglobeandmail.com/investing/personal-finance/article-why-variable-rate-mortgages-rule-in-the-pandemic-housing-market-and/ Mortgage-industry estimates of the percentage of people who break a mortgage before maturity range from 33 per cent to 60 per cent. “People underestimate how much life circumstances can change in five years,” said Leah Zlatkin, mortgage expert for LowestRates.ca and principal broker at Brite Mortgage Inc. “There could be a relationship issue, there […]