The Loonie Hour Podcast

Nearly 13% of all Mortgages in Canada Have Become Interest Only Loans

November 25th, 2022

Bank of Canada says half of fixed payment variable rate mortgages have reached their trigger rates and this means that about 13% of all outstanding mortgages are interest only, paying no principal. Meanwhile, the BC government introduces more housing changes, and China is back into lockdown threatening the outlook for oil demand.

See all Episodes


Sign up for your IceCap ETF Managed Portfolio that we will uniquely develop to achieve your specific goals & objectives.

Enroll Today