Pranav The Realtor

A Warning About Canadian Fixed Mortgage Rates
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A Warning About Canadian Fixed Mortgage Rates Fixed mortgage rates may rise despite expected cuts from the Bank of Canada (BoC). While the BoC has reduced its policy rate from 5.0% to 3.75%, these cuts primarily affect variable rates. Fixed rates are influenced by Government of Canada (GoC) bond yields, which are also impacted by rising US Trea...