Whether the Bank of Canada continues to hike rates or chooses to hit pause for the time being, higher mortgage rates are here for the foreseeable future. Sellers need to prepare for lower sale prices from a pool of shrinking buyers.
Era of cheap money is over
Era of cheap money is over
Era of cheap money is over
Whether the Bank of Canada continues to hike rates or chooses to hit pause for the time being, higher mortgage rates are here for the foreseeable future. Sellers need to prepare for lower sale prices from a pool of shrinking buyers.