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Tag - Why You Should Lock in Your Mortgage Now?

Why You Should Lock in Your Mortgage Now?

There is a fear among Canada’s home loan borrowers, about the potential of the Bank of Canada will be soon hiking their interest rates. For those who can currently afford to make their monthly payments, this may no longer be the case should rates increase. If you are a homeowner with a variable-rate mortgage, you’ve probably been losing a lot of sleep over the potential. As you are probably already well aware, your rates can vary, and unfortunately, they may [...]