So When Will Canadian Mortgage Rates Rise Again?

Author: External Author | | Categories: First Time Home Buyer Mortgage , Home Equity Line Of Credit , Home Renovation Mortgage , Mortgage Broker , Mortgage Pre-Approvalv , Mortgage Refinance , Mortgage Renewal , New to Canada Mortgage Program

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Bank of Canada (BoC) Governor Tiff Macklem recently said that in these “unusual times” his Bank is willing to be “unusually clear that interest rates are going to be low for a long time.”

The question that follows naturally is: How long is a “long time”?

Are we talking five years?

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

Article Written By:  David Larock

Original Article Posted on:  NA

Link to Original Article:  https://www.movesmartly.com/articles/so-when-will-canadian-mortgage-rates-rise



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