Canadian Mortgage Rates Forecast To Rise Over 40%, Posted Rate Can Hit 7%: Desjardins Canadian inflation is marching higher, and so are the expectations for mortgage rates. Desjardins economics sees the 5-year posted rate…
Tag: Interest Rates
Does the BoC announcement spell trouble for variable rates?
The latest Bank of Canada announcement on its key overnight rate was viewed by many as signalling bad news for variable rate mortgages. While restating its commitment to keeping the rate at…
Canada’s mortgage rates are rising fast — here’s how to secure the lowest rate possible
Rates are climbing for the first time in over a year, but bargains are still out there Author of the article:MoneyWiseJoseph Czikk Publishing date:Mar 16, 2021 Homebuyers and homeowners rushed to join…