Mortgage rates moving up despite Bank of Canada slashed bank rate to 0.25% Canada’s mortgage rates are moving up. But Bank of Canada decreased the bank rate to currently 0.25% to fight COVID-19 pandemic. “Thе соѕtѕ оf fundѕ for bаnkѕ is ѕkуrосkеtіng and bank еаrnіngѕ аrе plunging,” Shеrrу Cooper, сhіеf есоnоmіѕt at […]
Mortgage rates are low
Metro Toronto Real Estate Forecast 2020 Another Opinion
Metro Toronto Real Estate Forecast 2020 Another Opinion HIGHLIGHTS Metro Toronto home prices are rising, and market conditions provide a negotiating advantage to sellers (not buyers). The average Metro Toronto household still can not afford current house prices. The key factor driving this price increase is a supply shortage (Not interest or mortgage […]
