So When Will Canadian Mortgage Rates Rise Again?

Author: External Author | | Categories: Best Mortgage Rates , Commercial Mortgage , Mortgage Broker , Mortgage Calculator , Mortgage Services , Second Mortgage

Given current central bank policy in Canada and the U.S., will variable rate mortgages stay lower than fixed rates over the next five years?

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.”

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Original Article Source Credits:  MoveSmartly ,

Article Written By:  David Larock

Original Article Posted on:  September 24, 2020

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