Tuesday, December 7, 2021

Mortgage Rates & Mortgage Broker News in Canada

Mortgage Rates & Mortgage Broker News in Canada


Housing Demand Surges as Buyers Take Advantage of Low Rates While They Last

Posted: 07 Dec 2021 11:32 AM PST

Canada’s largest markets saw a surge in homebuying demand in November, driven in part by buyers trying to secure mortgages before next year’s expected interest rate hikes. That’s keeping upward pressure on home prices, according to the latest monthly reports from some of the key regional real estate boards. Anticipated Bank of Canada rate hikes in 2022 are creating a “sense of urgency” for buyers, says Ann-Marie Lurie, chief economist for the Calgary Real Estate Board. In Calgary, sales are […]

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Mortgage – HousingWire

Mortgage – HousingWi...