Mortgage rates are starting to edge higher in Canada
Canadian mortgage rates are beginning to inch higher for the first time since before the COVID-19 crisis, reflecting the spike in long-term bond yields, but with home loans still languishing around historically low levels, the modest hike is unlikely to slow the red-hot housing market.
Original Article Source Credits: Financial Post, https://financialpost.com/
Article Written By: Fergal Smith and Noor Zainab Hussain
Original Article Posted on: 2nd March 2021
Link to Original Article: https://financialpost.com/real-estate/mortgages/canada-mortgage-rates-edge-higher