Mortgage Rates & Mortgage Broker News in Canada |
| Latest in Mortgage News: Canadians Say Low Interest Rates to Blame for High Home Prices Posted: 03 Sep 2021 05:18 AM PDT More than three-quarters of Canadians (77%) believe home prices in suburban and rural areas have risen to unsustainable levels, and most feel that ultra-low interest rates are to blame. A full 8 out of 10 people say low borrowing costs are to blame for the recent run-up in home prices, according to a survey from Zoocasa. The findings reveal disagreement about the impact of low interest rates, with 47% saying they believe it has increased affordability, while 34% disagree with […]  |
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