1 March 2018

Moreover, 78% of existing mortgage holders in Canada have never dealt with an interest rate increase on their mortgages.

But even despite the forecasts of higher rates and the on-going home prices growth, 37% future homebuyers in Canada are ready to cut their expenses in order to get a desirable property. The average global number is 41%.

We encourage you to contact full-time mortgage broker before signing any offer from your bank! This is especially important at the time of your mortgage renewal – in most cases you can transfer your mortgage at better rate to another bank without any costs!