Mortgage Rate Trends – Bank of Canada Expected to Hold Off Mortgage Rate Increase

Mortgage Rate Trends – Bank of Canada Expected to Hold Off Mortgage Rate Increase http://www.ratesupermarket.ca/mortgage_rate_outlook_panel/ – Our mortgage rate outlook panel believes that despite the fact that we are already seeing lower fixed mortgage rates than the ones that were here prior to the most recent rate increases, these new low fixed rates will stick around and might even drop further. Coupled with the Mortgage Rate Outlook Panel’s belief that the Bank of Canada won’t…

Continue Reading →

2016 Outlook on Canadian Mortgage Rates

2016 Outlook on Canadian Mortgage Rates Welcome to Inside the Real Estate Market. Hi there, I’m Jamie Johnston, Broker/Owner of REMAX Condos Plus. The U.S. Federal Reserve Bank has indicated that they will be raising their lending rate in December. A number of experts are telling the public that this is the start of a climb back to significantly higher interest rates. But hold on there, currently the federal rate is 1/4 percent and it…

Continue Reading →