Canadians flocked to variable-rate mortgages ahead of Bank of Canada rate hikes, CMHC says - Financial Post


7/6/2022 12:00:00 AM2 years 9 months ago
by Denise Paglinawan

Growth in overall mortgage debt reached fastest pace since 2008, agency says

Article content Canadians flocked to variable-rate mortgages in the months before the Bank of Canada began rapidly hiking interest rates this year, driving their share of the market above 50 per cen… [+3116 chars]

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