Are five-year fixed mortgage rates in Canada about to increase?

Author: External Author | | Categories: Mortgage Broker , Mortgage Pre-Approval , Mortgage Rates , Mortgage Refinancing , Mortgage Services

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.

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Article Written By:  Ephraim Vecina 

Original Article Posted on:  16 Nov 2020

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