Canadian mortgage rates are the lowest in history. Can they go any lower?

Author: External Author | | Categories: First Time Home Buyer Mortgage , Home Renovation Mortgage , Mortgage Broker , Mortgage Pre-Approval , Mortgage Refinance , Mortgage Renewal , New to Canada Mortgage Program

vw0928mortgage-rates

Canadian mortgages rates are at a record low, but should potential home buyers lock in rates right now or will rates go any lower?

Not by much, but yes, rates will go lower is the answer from several analysts citing the Bank of Canada’s policy, competition among lenders, seasonal factors and the pandemic’s impact on the economy.

Read More

Original Article Source Credits:  Financial Post  , https://financialpost.com/

Article Written By:  Colin McClelland

Original Article Posted on:  Sep 28, 2020

Link to Original Article:  https://financialpost.com/real-estate/mortgages/canadian-mortgage-rates-are-the-lowest-in-history-can-they-go-any-lower



READ MORE BLOG ARTICLES