Mortgage rates are starting to edge higher in Canada

Author: Andre Ouimet - Mortgage Agent | | Categories: First Time Home Buyer Mortgage , Mortgage Agent

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Canadian mortgage rates are beginning to inch higher for the first time since before the COVID-19 crisis, reflecting the spike in long-term bond yields, but with home loans still languishing around historically low levels the modest hike is unlikely to slow the red-hot housing market.

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Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  Fergal Smith and Noor Zainab Hussain

Original Article Posted on:   March 2, 2021 

Link to Original Article:  https://financialpost.com/real-estate/mortgages/canada-mortgage-rates-edge-higher



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