Stay up to date with where interest rates are going!
Fixed-rate mortgages are based on the 5-year bond rate plus a spread.
If you want to be on the pulse of where fixed rates are going, follow this: https://on.mktw.net/3uTCPMq
Variable rates are still low and you can get access to a significant discount off prime. The next Bank of Canada interest rate announcement is Wednesday April 13th. This will only affect those of us with Variable rate mortgages, HELOCs, and other Line of Credit products.
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