$19 Billion Says Canadians Are Avoiding Variable Rates

In this video I break down why fixed and variable rates move for completely different reasons, what the real StatCan numbers say about how Canadians have actually been choosing between them over the past two years ($19.2 billion in variable lending in April, dead flat year over year even as rates kept falling), and the exact math I use on a real file to make this call: payment, downside risk, the stress test, and exit-penalty cost. If you're renewing in the next 12 months or buying this summer, the four numbers in this video are the ones I'd want in front of me before signing anything. 🛠️ FREE TOOLS & RESOURCES: Rate My Rate - Instant Mortgage Checkup (free, no login required) https://rate.getflowmortgage.ca PREPARE Framework - Decide on Your Mortgage Fixed or Variable in 7 Questions https://mbp.getflowmortgage.ca/prepar... WealthFlow Newsletter - Weekly market data & Economic Updates https://zfrmz.com/4hiodTOpjIgqNIy7fvmM 💰WORK WITH US: Book a free strategy call https://getflowmortgage.ca/contact Flow Mortgage Co https://getflowmortgage.ca 🌊🌊🌊 🎙️ Make sure to check out our brand new podcast, "The Flow: Real Estate & Money Show" wherever you listen to podcasts. https://podcasters.spotify.com/pod/sh... 🌐If this content lights a bulb for you, give us a like, share, and make sure you're subscribed to Flow Mortgage Co. 🌊🌊🌊 For daily content make sure to follow us on social media! 🌊 Flow Instagram:   / flowmortgageco   🐶 Alex's Instagram:   / themortgagepug