While the pain of elevated interest rates is already hitting those with variable-rate mortgages, the sticker shock of higher payments might not be felt for a couple years among those with fixed-rate plans.
Interest rates could come down when economic slowdown happens, strategist says.
Interest rates could come down when economic slowdown happens, strategist saysCanada Latest News, Canada Headlines
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Posthaste: Variable-rate mortgages rising again as Canadians bet interest rates have peakedInterest in variable\u002Drate mortgages is rising as more Canadians bet that Bank of Canada interest rates have peaked. Read more
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