Canadian Banks Pushing Mortgage Shoppers Towards Fixed Rates
Mortgage News / Mortgages

Canadian Banks Pushing Mortgage Shoppers Towards Fixed Rates

The Financial Post reported that Canadian banks are encouraging customers to take out fixed rate mortgage versus variable rate loans as they are losing money on variable rate deals. This has come about as the banks have decreased the discount on their variable rate products that are based on their Prime rates. A few weeks … Continue reading »