Fixed vs Variable in 2025 with Rob Carrick

We discussed the age-old question with Canada's leading mortgage expert

In the latest episode of our real estate podcast, we dive deep into one of the most pressing questions facing Canadian homeowners today: should you choose a fixed or variable rate mortgage in 2025's uncertain market?

With special guest Rob Carrick, one of Canada's leading voices in personal finance, we explore how the mortgage landscape has shifted dramatically. As variable rates now match their fixed-rate counterparts following the Bank of Canada's recent rate cuts, the decision has become more complex than ever.

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The episode breaks down crucial market dynamics, including the Bank of Canada's forecasted rate cuts to 2.50% by July, and the Big 6 banks' even more aggressive predictions of rates falling to 2.00-2.25% by year-end. We explore how fixed rates are priced through bond yields (currently showing volatility reminiscent of 2008), while variable rates dance to the Bank of Canada's tune.

For investors, we examine why fixed rates might still be the safer bet, offering predictable cash flows and easier portfolio management. Meanwhile, variable-rate enthusiasts might find opportunity in the forecasted rate cuts, though they'll need to stomach potential risks from trade tensions and recession concerns.

Whether you're a first-time homebuyer, an investor, or looking to refinance, this episode provides the comprehensive analysis you need to make an informed decision in today's complex mortgage market.

Listen to the episode: