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Could Mortgage Rates Start to Rise Sooner than Expected?

Author: External Author | Feb 22, 2021 | Categories: Mortgage Broker , Mortgage Industry , Mortgage Pre-Approval , Private Mortgage , Self Employed Mortgage

While Canada’s economy recorded its largest-ever annual GDP drop of 5.1% last year, it’s also on track to post a comeback in Q4, which could force the Bank of Canada’s hand in reining inflation sooner than anticipated.

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Original Article Source Credits: Canadian Mortgage Trends, https://www.canadianmortgagetrends.com/

Article Written By: Steve Huebl

Original Article Posted on: 2nd February 2021

Link to Original Article: https://www.canadianmortgagetrends.com/2021/02/could-mortgage-rates-start-to-rise-sooner-than-expected/