The Falling Loonie and Canadian Mortgage Rates
If you’ve been wondering how the falling loonie might affect the Canadian economy and mortgage interest rates, then I highly recommend you read Mortgage Planner, Dave Larock’s blog post this week. Dave tends to be pretty accurate in his well-thought-out predictions and his bottom line gives some good advice.
While we are talking about interest rates, the Globe and Mail posted a good video that answers the question of how an interest rate hike would affect your mortgage.
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