Canadians are moving away from standard 5-year fixed mortgages toward variable rates and sho
New from CMHC: Canadians are moving away from standard 5-year fixed mortgages toward variable rates and shorter terms — chasing better rates today at the cost of more renewal risk tomorrow.
The numbers back it up. 35% of recent renewers reported real financial pressure from rate changes. 25% have regrets about the mortgage they chose.
For multifamily owners, this isn’t just a homeowner conversation — it’s the same tradeoff you’re making every time you structure debt on a deal. Know the exposure before you take the rate.
#MortgageRisk #OntarioRealEstate #MultifamilyInvesting #CRE