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Borrowing to buy a house? Mortgage rates to fall following Bank of Canada rate cut

Author: External Author | Apr 01, 2020 | Categories: Home Mortgage , Lowest mortgage rate , Mortgage Broker , mortgage interest , mortgage prequalifying , Mortgage Rates

Variable rate mortgage holders are the big winners from the Big Six banks’ moves to match the Bank of Canada’s 50 point reduction to its trendsetting interest rate.

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Original Article Source Credits:thestar , https://www.thestar.com/

Article Written By :Michael Lewis

Original Article Posted on :March 5, 2020

Link to Original Article:https://www.thestar.com/business/real_estate/2020/03/05/borrowing-to-buy-a-house-mortgage-rates-to-fall-following-bank-of-canada-rate-cut.html