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Canadian Mortgage Rates. What Now?

We’re at one of those points in the economic cycle where mortgage rates get especially confusing. On the one hand, we see the Bank of Canada confirming that it has no plans to raise short-term interest rates for several months (maybe several quarters). And on the other hand, we have bond traders pushing up long-term interest rates to two-year highs.

via Mortgage Rates. What Now?.

 

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