Mortgage News
Fixed Rates Have Slight Edge, Says Economist
<br><br> Deeply-discounted variable rates have historically beat out 5-year fixed rates roughly 77% of the time, but CIBC economist Benjamin Tal suggests the coming five years may “slightly” favour fixed rates. <br><br>
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Deeply-discounted variable rates have historically beat out 5-year fixed rates roughly 77% of the time, but CIBC economist Benjamin Tal suggests the coming five years may “slightly” favour fixed rates.