If you are sitting on the sidelines watching these amazing fixed rates fade in and out you should probably know that they are going to be fading out again. Five year Canadian Bond Yields are up to 1.6% as of today and this will make it difficult for the major lenders to keep their rates… Continue reading Interest Rates Will Be Going Up!
Many people are asking whether they should entertain the idea of switching to a 10 year fixed rate mortgage as they investigate mortgage options currently available in the market. The decision should be based on three factors…
Mortgage rates in Canada are set to drop again with BMO leading the charge with their new 2.99% 5 year fixed rate. Why is this happening and what does the future hold. To hear Marcus Tzaferis talk about these new rate drops live on CBC click here.
Marcus Tzaferis on CBC News Aug 15, 2013