RIHANA PEIMANDec 18, 20221 min readRihana's Blog in EnglishA Mortgage Scenario: How Variable Mortgage Payments Have Changed in 2022 On 7 December, 2022, the Bank of Canada hiked its key interest rate by 50 basis points to 4.25%, the seventh consecutive rate hike in...
RIHANA PEIMANDec 17, 20221 min readRihana's Blog in EnglishWhat Is the Trigger Rate and what happens when you hit the trigger rate?If you have a Variable-Rate Mortgage (VRM) with Fixed Payments, Trigger Rate is an important factor that you may want to consider when...