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. 

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Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Vishesh Raisinghani 

Original Article Posted on:  February 25, 2021 

Link to Original Article:  https://www.fool.ca/2021/02/25/alert-mortgage-rates-could-go-higher-in-2021/



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