Mortgages Rates Are About To Get TRIGGERED By The Bank Of Canada #shorts

If you are on a variable rate mortgage with a fixed payment in Canada, there is a good chance you are about to get triggered!

That is because the Bank of Canada has been increasing interest rates at a record pace and if you chose a fixed payment... soon, you will be paying off none of your principal and that means the bank will have no choice but to increase your payment soon!

#TriggerRate #VariableRateMortgage #MortgageCanada

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