January 21, 2019

Where are Canadian mortgage rates headed in 2019? Experts weigh in

Posted By: MortgageOutlet.ca

 

The Bank of Canada was widely expected to continue on its path of tightening monetary policy with continued increases to the overnight rate, which influences mortgages, particularly those with variable rates.

While that may still be a majority consensus among market watchers, mortgage broker Elan Weintraub is hearing conflicting viewpoints these days. “I think there’s a lot of uncertainty in the marketplace right now,” he tells Livabl.

 

Click for full article.