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

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

Construction Finance Surrey BC

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 , https://financialpost.com/

Article Written By:  Liz Beddall

Original Article Posted on:  Oct 15, 2020

Link to Original Article:  https://financialpost.com/moneywise/mortgage-rates-are-shockingly-low-but-can-they-go-even-lower



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