Canadian Variable Mortgage Rates Are Rising Very, Very Fast
Despite rock bottom borrowing rates, some Canadian real estate buyers are paying more. Bank of Canada (BoC) numbers show variable rates on residential mortgages made a big jump. Even with borrowing rates generally falling, variable interest mortgages are at a six year high.
Original Article Source Credits: Better Dwelling, https://betterdwelling.com/
Article Written By: Daniel Wong
Original Article Posted on : OCTOBER 17, 2019
Link to Original Article: https://betterdwelling.com/canadian-variable-mortgage-rates-are-rising-very-very-fast/