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Fixed mortgage rates

With Canadian Bond yields reaching 2018 levels, the buyers can expect higher mortgage

With Canadian Bond yields reaching 2018 levels, the buyers can expect higher mortgage The Government of Canada 5 Year bond yield reached 1.978% the highest level in the span of a year. Thus, Canadians should be prepared to pay higher mortgage rates, as the easy credit comes to an end. The boost in the economy […]

With Canadian Bond yields reaching 2018 levels, the buyers can expect higher mortgage Read More »

Canada’s housing affordability declines the most in 27 years.

Canada’s housing affordability declines the most in 27 years. A mortgage for the average home in Canada will cost Canadians more than half of their household income for the first time since the mid-1990s. The National Bank of Canada (NBC) noted in its latest Housing Affordability Monitor report that housing affordability in Canada has worsened

Canada’s housing affordability declines the most in 27 years. Read More »

With Canadian Bond yields reaching 2018 levels, the buyers can expect higher mortgage

With Canadian Bond yields reaching 2018 levels, the buyers can expect higher mortgage The Government of Canada 5 Year bond yield reached 1.978% the highest level in the span of a year. Thus, Canadians should be prepared to pay higher mortgage rates, as the easy credit comes to an end. The boost in the economy

With Canadian Bond yields reaching 2018 levels, the buyers can expect higher mortgage Read More »

Canada’s housing affordability declines the most in 27 years.

Canada’s housing affordability declines the most in 27 years. A mortgage for the average home in Canada will cost Canadians more than half of their household income for the first time since the mid-1990s. The National Bank of Canada (NBC) noted in its latest Housing Affordability Monitor report that housing affordability in Canada has worsened

Canada’s housing affordability declines the most in 27 years. Read More »