Canadian mortgage rates will stay low through 2020

Author: External Author | | Categories: Debt Consolidation , First Time Homebuyer , Mortgage Broker , Mortgage Pre Approval , Mortgage Refinance , Mortgage Renewal , New to Canada Mortgage , Renovation Financing , Rental Properties , Second Home Mortgage , Self-Employed Mortgage , Spousal Buyout

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Of all the surprises that 2019 had in store for Canadian home buyers, consistently low mortgage rates were certainly among the more pleasant and unexpected.Earlier in the year, the consensus opinion among market experts was that the Bank of Canada would surely hike its mortgage-market influencing overnight rate and mortgage rates would follow that path upward. Some even felt it was likely that rates would increase more than once.

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Original Article Source Credits: Livabl  ,

Article Written By: Sean MacKay

Original Article Posted on  : Dec 11, 2019

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