Mortgage rates are shockingly low, but can they go even lower?

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

An unprecedented time in world history has ushered in an unprecedented time for the Canadian real estate market.

HSBC made headlines in June when it broke the 2% barrier, offering a five-year fixed mortgage at 1.99%. Today that offer has plummeted to 1.64%, and all kinds of major banks and lenders are offering similar deals and plumbing new depths.

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Original Article Source Credits:   Financial Post ,

Article Written By:  Liz Beddall

Original Article Posted on:  Oct 15, 2020

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