Alert: Mortgage Rates Could Go Higher in 2021

Author: External Author | | Categories: Mortgage Rates

Mortgage rates across Canada are at an all-time low. You can currently lock in a five-year fixed rate for as low as 1.35%. That’s allowed more homebuyers to enter the market and push prices up. However, the rate could be poised to surge later this year, which could have far-reaching repercussions for the Canadian economy, stock market, and property prices. 

If you’re an investor or homeowner, here’s what you need to know. 

Read More

Original Article Source Credits:   The Motley Fool ,

Article Written By:  Vishesh Raisinghani 

Original Article Posted on:  February 25, 2021 

Link to Original Article: