It wasn’t long ago we were discussing the horrors of rising mortgage rates and what was sure to be the inevitable death knell for home values. The Bank of Canada had turned suddenly hawkish and borrowing costs were surging. On October 05, 2018, the Canada 5 year bond had touched a cycle high of 2.48%. […]
The post Mortgage Rates Fall Helping Debt-Laden Households appeared first on Steve Saretsky.
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