Bank of Canada Warns Home Buyers Rates Will Eventually Rise

Author: External Author | | Categories: First Time Home Buyer , Mortgage Associate , Mortgage Associate Saskatoon

Bank of Canada Governor Tiff Macklem said recent gains in home prices aren’t sustainable and warned households against taking on too much mortgage debt because interest rates will eventually rise.

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Original Article Source Credits:   Yahoo Finance , https://finance.yahoo.com/

Article Written By:  Shelly Hagan

Original Article Posted on:  May 20, 2021

Link to Original Article:  https://finance.yahoo.com/news/bank-canada-warns-household-debt-140009244.html

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