📢 Fixed or Variable Mortgage? Here’s What You Need to Know in 2025!
With Canada’s economy facing inflation concerns, trade tensions, and potential rate cuts, mortgage rates are shifting. Should you lock in a fixed rate or take a chance with variable? Here’s what to consider:
đź”’ Fixed Rate: Stable payments, protection from rate hikes, but higher initial costs.
đź“Š Variable Rate: Lower starting rate, flexibility, but payments fluctuate with the market.
🏡 What’s Your Best Move?
âś” Choose Fixed for peace of mind.
âś” Go Variable if you believe rates will drop.
âś” Consider a Hybrid Mortgage for flexibility.
Mortgage rates are unpredictable—working with a professional can help you make the right choice. Need expert advice? Let’s chat!
https://www.dianebuchanan.ca/fixed-or-variable-mortgage-how-canadas-economic-shifts-could-impact-your-decision
