Why the Bank of Canada Ending Mortgage Bond Buying May Matter

Author: External Author | | Categories: Bank Mortgage , First Time Home Buyer Mortgage , Mortgage Broker , Mortgage Refinance , Mortgage Renewal , Reverse Mortgage

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Will financial markets remain confident in Canadian real estate as the BoC winds up and keep our mortgage rates at their present lows?

Last week the Bank of Canada (BoC) announced that it would end its Canada Mortgage Bond (CMB) purchase program, effective October 26.

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Original Article Source Credits:   MoveSmartly , https://www.movesmartly.com/

Article Written By:  David Larock

Original Article Posted on:  NA

Link to Original Article:  https://www.movesmartly.com/articles/why-the-bank-of-canada-decision-to-stop-buying-mortgage-bonds-matters



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