03/14/2026
During my usual social media scrolling, I came across two articles from the same source. One day, they suggested that the Bank of Canada may cut interest rates. The very next day, they reported that rates might increase due to the oil market.
So when clients ask me, “What do you predict will happen with the market?” my honest answer is: I don’t know.
There are simply too many variables affecting the economy right now. Anyone claiming to know exactly what will happen is, in my opinion, guessing.
What I can recommend is choosing the right mortgage product based on the client’s comfort level and goals.
If a client prefers stability and wants to avoid risk, a 3- or 5-year fixed rate may make sense. If they’re comfortable with some uncertainty or aren’t sure how long they’ll keep the property, a variable rate might be worth considering.
There is no one-size-fits-all solution. Every client is different, and every mortgage should be tailored to their specific needs.
If you have any mortgage financing questions, feel free to reach out.
