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Home / Why Canadians should expect 'big increases' to mortgage rates

Why Canadians should expect 'big increases' to mortgage rates

Posted on November 15, 2023November 15, 2023 by admin

Amid a drop in inflation, there’s speculation from some financial analysts that the Bank of Canada may start to lower the country’s benchmark interest rate, however one economist is warning that even with the possibility of cuts, homeowners should expect ‘big increases’ to mortgage rates.
Source: ctv business
Why Canadians should expect ‘big increases’ to mortgage rates

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