Half of variable mortgage holders with fixed payments have hit trigger rate: BoC
![Half of variable mortgage holders with fixed payments have hit trigger rate: BoC](https://globalnews.ca/wp-content/uploads/2022/11/carolyn-rogers.jpeg?quality=85&strip=all&w=720&h=480&crop=1)
The Bank of Canada is estimating that nearly two-thirds of variable-rate mortgage holders on fixed payments will hit their trigger rate by mid-2023.
The Bank of Canada is estimating that nearly two-thirds of variable-rate mortgage holders on fixed payments will hit their trigger rate by mid-2023.