Latest in Mortgage News: BoC Sees Early Signs of Housing Overheating, but Will Keep Rates Low for Now

Author: External Author | | Categories: Home Purchases , Mortgage Broker , Mortgage Renewal , Mortgage Services

Fixed rates may be heading higher, but variable-rate holders can rest assured their rates won’t be going up just yet, at least according to Bank of Canada Governor Tiff Macklem.

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Original Article Source Credits: Canadian Mortgage Trends, https://www.canadianmortgagetrends.com/

Article Written By: Steve Huebl

Original Article Posted on: 26th February 2021

Link to Original Article: https://www.canadianmortgagetrends.com/2021/02/latest-in-mortgage-news-boc-sees-early-signs-of-housing-overheating-but-will-keep-rates-low-for-now/

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