Leah Zlatkin, of LowestRates.ca, said that for most people are still looking at 2-3 yr fixed rates.
“For some one who’s aggressive, and does believe that the Bank of Canada may start decreasing overnight rates, they can go variable” says Zaltkin.
“If you’re refinancing in the next six months, I would definetly recommend that you shop around for rates right now” is Zlatkin’s advice based on the current market.
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