Variable? Fixed? Static? Picking the right mortgage as interest rates rise - Global News

Mortgage costs are rising as the Bank of Canada hikes interest rates. Here's what to know before you lock in a mortgage, be it variable or fixed.

Should you go with a variable-rate mortgage or opt for the old reliable five-year fixed rate? How can you make sure your payments are predictable while also paying down your principal? Are static pay… [+7472 chars]

full article...