Mortgage rundown: How Ottawa incentivizes higher-risk borrowers into higher-risk rates - The Globe and Mail

Policy makers have inadvertently incentivized higher-risk borrowers into choosing short-term or variable mortgages, in a rising-rate market no less

The less risk-tolerant you are, the more a five-year fixed mortgage makes sense. Thats usually how it works. But as it turns out, policy makers have inadvertently incentivized higher-risk borrowers … [+8518 chars]

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