Mortgage preferences are changing!

For the first time in decades, the 5-year fixed mortgage is no longer the top choice. In Q1:
🔹 41% of new mortgages were variable rate
🔹 32% were 3- and 4-year fixed terms
🔹 Only 27% were 5-year fixed

Borrowers are opting for more flexibility and shorter terms to better navigate today’s market.

Thinking about your mortgage options? Let’s chat!

#CashinMortgages #MortgageTrends #VariableRateMortgage #FixedRateMortgage #MortgageOptions #HomeLoans