Nearly 40% of homebuyers choosing short-term fixed-rate mortgages: CMHC

With an expectation that interest rates will fall in the coming years, nearly one in four new homebuyers and those renewing are choosing fixed-rate mortgages with terms under three years. 

With an expectation that interest rates will fall in the coming years, nearly one in four new homebuyers and those renewing are choosing fixed-rate mortgages with terms under three years.  Mortgage Rates & Mortgage Broker News in Canada 

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