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Breaking Your Mortgage: Fixed Vs. Variable
Episode 37

Breaking Your Mortgage: Fixed Vs. Variable

The Canadian Real Estate Investor · Daniel Foch & Nick Hill

November 15, 202243m 28s

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Show Notes

60% of Canadians break their mortgage in an average of 33 months. Lots to talk about in the mortgage space. We look at some breaking news & do a deep dive on an increasingly common question. Should lock in my variable to a fixed? 

  • A Mortgage Fund in Canada has halted Payouts

  • Only 5-6% of Canadians are switching from Variable to Fixed 
  • What penalties are there to break your fixed or variable mortgage 

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Dan

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