Fixed rates inch upwards amid rising inflation concerns


When it comes to mortgage terms, Canadians are still snapping up variable-rates. However, anecdotal data from Dominion Lending Centres Group, the nation’s largest mortgage originator, suggests the stampede may be slowing to a brisk trot. This month to date, 52.8 per cent of its prime borrowers chose to float, down from 57.1 per cent last month.



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