top of page
< Back

Save this article  > 

pularity of variable-rate mortgages plummets to pre-pandemic levels

Steve Huebl
Publication date:
June 20, 2023
Article Summary: 

The article highlights the decline in popularity of variable rate mortgages in Canada, which have dropped to pre-pandemic levels. According to recent data, borrowers are increasingly opting for fixed-rate mortgages due to concerns about potential interest rate hikes in the future. Factors such as economic uncertainties and the desire for stability have contributed to this shift in preference. The article discusses the implications of this trend on the mortgage market and provides insights into the benefits and drawbacks of variable and fixed-rate mortgages.


Variable rate mortgages, fixed-rate mortgages, popularity, decline, pre-pandemic levels, interest rate hikes, economic uncertainties, stability, mortgage market.

Source Citation: 
Steve Huebl
pularity of variable-rate mortgages plummets to pre-pandemic levels
June 20, 2023
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page