Could 5-year mortgage rates stabilize in the 4-7% range?
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Could 5-year mortgage rates stabilize in the 4-7% range?
The BoC is more concerned with averting a recession than controlling inflation.
More rate drops are needed before relief is in sight
A slower economy and inflation give the Bank of Canada pause.
How to make an informed mortgage decision that aligns with your needs and objectives.
The Toronto mortgage market is one of the most competitive in Canada.
With home prices forecast to drop in 2021, you’ll begin to hear more about underwater mortgages and negative equity.
The Bank of Canada will need to provide the Canadian economy with life-support until the end of 2020.