Fixed Mortgage Rates to Rise


After the mortgage has been record low for the past years, in Toronto Ontario warnings have been on for months about the evident increase in mortgage rates. This rise is due to the raise in Canadian bonds causing banks to increase their fixed mortgage rates. Luckily, the variable mortgage rates will not rise. What this means? Lock them while they are low!

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Hamid Barzgar

Hamid Barzgar

Sales Representative
CENTURY 21 Leading Edge Realty Inc., Brokerage*
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