Fixed vs. Variable: What’s the Right Mortgage Strategy in 2025?

Shakespeare may have asked, “To be or not to be?”—but he didn’t have to pay $9 for a container of raspberries. In today’s economy, the real question many Canadians are asking is:
“Fixed or variable?”

Let’s Break It Down:

✅ Fixed Rate Mortgages
These offer stability. Your rate and payments remain the same throughout the term, which can bring major peace of mind—especially if you’re budgeting for a growing family, planning renovations, or simply want predictability in your finances.

📉 Variable Rate Mortgages
These offer flexibility and potential savings—especially when rates are on a downward trend. But they come with risk. Payments may fluctuate depending on the Bank of Canada’s decisions, which means what you gain in opportunity, you might feel in uncertainty.

Where We’re At in 2025:

With interest rates currently at 2.75% and the next Bank of Canada announcement scheduled for June 4th, more homeowners are taking a closer look at their options.

Some questions I always ask clients:

• Are you planning to move or refinance soon?

• Do you want to pay down your principal faster?

• How much risk are you comfortable with?

• What keeps you up at night?

Because let’s face it—there’s no one-size-fits-all answer. The “right” mortgage depends entirely on your life, your plans, and your financial goals.

So… Fixed or Variable?

Both have their benefits. Both have their risks. The real win? Choosing the strategy that aligns with your life.

If you’re not sure which path fits your current situation, let’s talk it through. No pressure—just clarity.

📞 Reach me directly at (514) 994-1030 and let’s build a mortgage strategy that works for you.