trigger rate

Up to 80% of variable-rate borrowers have hit their trigger rate: National Bank

February 2, 2023 No Comments

Nearly 8 in 10 fixed-payment variable-rate borrowers have hit their trigger rate, according to data from National Bank of Canada.

Examining trigger rates - Bank of Canada report

50% of variable-rate mortgage holders have reached their trigger rate: BoC

November 22, 2022 No Comments

Roughly half of all mortgage holders with static-payment variable-rate mortgages have already reached their trigger rate, according to a new report from the Bank of Canada.

Variable-rate mortgages are about to trigger payment increases

August 8, 2022 3 Comments

There’s been a lot of discussion recently about how variable-rate mortgage holders could face their “trigger point.” We’re going to explore what that means, and the implications for borrowers.

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trigger rate

Up to 80% of variable-rate borrowers have hit their trigger rate: National Bank

50% of variable-rate mortgage holders have reached their trigger rate: BoC

Variable-rate mortgages are about to trigger payment increases

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