Should You Break Your Variable-Rate Mortgage?

Should You Break Your Variable-Rate Mortgage?

Tuesday Jan 31st, 2023


Should you break your variable-rate mortgage? We spoke to mortgage professional Deepak Bansal from Dominion Lending Centre about this. He strongly suggests that everyone get a “mortgage checkup” to evaluate the best options that compliment your financial wellbeing. 

In the Globe & Mail article below dated Jan 27, 2023, Robert McLister (Interest rate analyst, mortgage strategist and editor of share his thoughts and ideas on this topic. He does focus on two options: A) Sit on your hands & B) Break your variable mortgage early and move into a cheaper fixed rate

Best advise.... Be sure to reach out to a professional or connect with Deepak ( to examine your options carefully.

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