Are five-year fixed mortgage rates in Canada about to increase?

Author: External Author | | Categories: Best Mortgage Rate , First Time Homeowner Mortgage , Low-Interest Mortgage , Mortgage Broker , Mortgage Professional , Mortgage Services , Top Mortgage Broker

Are five-year fixed mortgage rates in Canada about to increase?

Amid the promising news of a COVID-19 vaccine being developed by pharmaceutical giant Pfizer, some Canadian market-watchers expect Canada’s five-year fixed mortgage rates to increase for the first time since the pandemic pushed the central bank’s benchmark rates to record lows.

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Original Article Source Credits:   MortgageBrokerNews.ca, https://www.mortgagebrokernews.ca/

Article Written By:  Ephraim Vecina 

Original Article Posted on:  16 Nov 2020

Link to Original Article:  https://www.mortgagebrokernews.ca/news/are-fiveyear-fixed-mortgage-rates-in-canada-about-to-increase-335263.aspx



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