Canada’s annual inflation rate fell to 2.5 per cent last month, matching forecasters’ expectations as price pressures continue to retreat.
  • Funderpants @lemmy.ca
    3·
    4 months ago

    Yes but Canadian mortgages have renewals on a schedule. 1,2,3,4,5,7,and 10 years are typical. Rates are fixed for that time period, then reset to market rate.