AGENT LICENSE ID
Alberta
Garth Lyon
Senior Mortgage Professional
Office:
Phone:
Email:
Address:
103, 901-8 Avenue, Canmore, Alberta, T1W 1Z7
Popularity of variable-rate mortgages plummets to pre-pandemic levels
6/20/2023
THINK OUTSIDE THE BOX: The popularity of variable-rate mortgages is continuing to fall and is now nearly at levels last seen prior to the pandemic in early 2020. As of April, just 8% of new originations had a variable rate compared to 92% for fixed-rate mortgages, data from Statistics Canada reveals. Click here to read more.
