According to CoinMeta, analyst Victor Tran stated that the Canadian Central Bank's decision to raise policy rates will immediately put upward pressure on variable-rate mortgages, bringing their interest rate levels closer to fixed rates. Since the beginning of September, fixed rates have risen by about 1 percentage point, and there are no signs of a decline in the short term. As the central bank initiates a tightening cycle, variable rates are likely to rise significantly in the coming months. For homeowners, the pressure imposed by mortgage loan rates is expected to continue for the next 12 to 18 months.