Robert McLister·General·November 24, 2006The Most Popular Canadian Mortgage Terms According to the Canadian Institute of Mortgage Brokers and Lenders… 66% of Canadians with mortgages choose a fixed-rate 22% choose a variable rate 12% select a combination of the two The most popular mortgage term is 5 years. Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.