Looking at investing in a new home or investment- now is a good time. The interest rates are the lowest they have been since 2017. Read below or click the link to find out more.
Rates for the most popular type of mortgage in Canada have sunken to the lowest level in about two years, and they could be heading further south before 2019’s end, suggests RateHub.ca co-founder James Laird.
The lowest five-year fixed-rate available on the rate-comparison site today is 2.64 percent from CanWise Financial, a mortgage brokerage also owned by Ratehub.
Laird had to go back to summer 2017 to find rates that low, and his outlook suggests they aren’t about to increase again any time soon.