Posthaste: Variable-rate mortgages rising again as Canadians bet interest rates have peaked

Posthaste: Variable-rate mortgages rising again as Canadians bet interest rates have peaked

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Variable-rate mortgages appear to be gaining favour again as more Canadians bet that interest rates have peaked, say industry sources. According to RATESDOTCA data, the percentage of variable-rate quotes rose to 13 per cent in July, a three per cent increase from the month before. “Some consumers…

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