A recent survey by BMO says 57 per cent of homeowners are planning to opt for a fixed-rate mortgage. Of those who are still trying to decide what type of mortgage to arrange, more than 30 per cent say COVID-19 has made them more likely to gravitate towards a fixed-rate mortgage. Only eight per cent are more likely to go with a variable rate mortgage as a result of the pandemic. For first-time...
- Real Estate News