Leah Zlatkin Quoted in the Globe and Mail: “Does the latest Bank of Canada announcement mean it’s go time again for variable-rate mortgages?”

https://www.theglobeandmail.com/investing/personal-finance/article-does-the-latest-bank-of-canada-announcement-mean-its-go-time-again-for/

Leah Zlatkin of MortgageOutlet.ca said the three-year fixed-rate option is ideal for people who have zero tolerance for the risk of more rate hikes in the future.

“There’s a high likelihood that the Bank of Canada will bring rates down,” Ms. Zlatkin said. “But we have no guarantee of that. And the last time the Bank of Canada gave us a guarantee that interest rates were going to stay low, we all saw what happened.”