Fixed mortgage rates have bumped up recently. It started with no prompting from the Bank of Canada, which continues to hold the prime interest rate steady at 3% and the overnight rate at 1%.
Rob McLister, mortgage broker and editor of Canadian Mortgage Trends, has some insights and some advice about what you should do if you’re shopping for a mortgage or holding a variable mortgage.
Confused by real estate numbers? Missed the math lesson in high school? We've got you covered!
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