Variable-rate mortgage borrowers enduring fastest rate hikes since 1990s - The Globe and Mail
6/1/2022 12:00:00 AM2 years 11 months ago
by Robert McLister
by Robert McLister
By the end of 2022, the prime rate could potentially be almost three percentage points higher than in February, says Robert McLister
Variable-rate borrowers are now caught up in the fastest rate hike cycle since the 1990s. And the Bank of Canada made their life even more unpleasant Wednesday by boosting Canadas key interest rate … [+6497 chars]
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