Interest rates are rising. Is it time to switch to a fixed rate mortgage? - CBC.ca

For the first time since 2018, the Bank of Canada has hiked the overnight interest rate to curb inflation and cool the real-estate market.  With increasing interest rates many variable mortgage holders are considering switching to a fixed rate mortgage.

This column is by Mark Ting , a partner with Foundation Wealth who helps clients reach their financial goals. He can be heard every Thursday at 4:50 p.m. on CBC radio as On the Coast's guide to pers… [+3249 chars]

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