Are five-year fixed mortgage rates in Canada about to increase?
Amid the promising news of a COVID-19 vaccine being developed by pharmaceutical giant Pfizer, some Canadian market-watchers expect Canada’s five-year fixed mortgage rates to increase for the first time since the pandemic pushed the central bank’s benchmark rates to record lows.
Original Article Source Credits: MortgageBrokerNews.ca , https://www.mortgagebrokernews.ca/
Article Written By: Ephraim Vecina
Original Article Posted on: 16 Nov 2020
Link to Original Article: https://www.mortgagebrokernews.ca/news/are-fiveyear-fixed-mortgage-rates-in-canada-about-to-increase-335263.aspx