Fixed or variable? Advice from more than 50 brokers for Canadians whose mortgages are up for renewal: CTV
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Adrian Ghabrial of CTV News writes that over the next 18 months, 44 per cent of all mortgages will be up for renewal across the country, and that’s leaving many Canadians looking for clarity and advice. CTV New reached out to more than 60 professional mortgage brokers to ask what types of mortgages and terms are best. Close to 60 per cent said a short-term, fixed mortgage is the way to go.
