Canadian variable-rate mortgages Loading... : Investor Sentiment and Bull/Bear Views
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19:24
Nov 17
Nov 17
Favor Canadian variable-rate mortgages over fixed.
Canadian fixed mortgage rates will likely stay mainly under 4%, but variable-rate mortgages are already lower—the best CHC variable rate is as low as 3.45% versus fixed around 3.64-3.69%. He expects the Bank of Canada to cut at least two more times next year (possibly Feb/Mar/Apr) despite the governor's pause, so prime-based variable rates should fall further, giving variable an advantage.
MED
About Canadian variable-rate mortgages Investor Commentary
Across the available history and selected sources, Buzzberg tracks Canadian variable-rate mortgages across 1 sources: 1 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Ron Butler.