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Send us your questions on mortgage rates
CTV.ca, Canada Mortgage rates are going up, and some experts are saying it is time to lock in. Are you wondering how high your rate can go? Are you staying up at night worrying how you can save the most money? Or perhaps whether you should break your mortgage? … |
Mortgage rates are changing by the minute these days, and it is a tough question of whether to lock in at a fixed rate now or wait. There was an article in the Toronto Star yesterday saying that some analysts believe the bond market has overplayed their hand and that the yields are too high considering the economic data out there. It's never an easy thing to forecast either way.
Keep on top of the best mortgage rates with a monitoring or comparison website and get advice from a licensed broker to help with your specific situation.
Best of luck and happy mortgage shopping!