Housing Crash 2020: Could Mortgage Rates Hit 0%?

Author: External Author | | Categories: Bad Credit Mortgage , Commercial Mortgage , Construction Finance , Mortgage after Bankruptcy , Mortgage Calculator , Mortgage Renewal , Mortgage Services , Private Mortgage , Refinance Mortgage , Second Mortgage

The mortgage rates in Canada changed in a remarkable move. The benchmark five-year mortgage rate reported by the Bank of Canada fell for the third time in 2020, easing the pressure faced by real estate investors who were under stress to pay their mortgages.

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Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By: Adam Othman

Original Article Posted on: August 20, 2020

Link to Original Article:  https://ca.finance.yahoo.com/news/housing-crash-2020-could-mortgage-121011560.html