Mortgage rates are dropping — so how much house can you handle?

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This article is called Mortgage rates are dropping – so how much house can you handle? It was written by Jamie Sturgeon and appeared on the Global News website. It was published on January 29, 2015. This article discusses about many banks have finally lowered their interest rates on home mortgages due to Bank of Canada’s rate cut last week. Large banks are offering fixed-rate mortgages as little as 2.84 per cent whereas; small banks are offering fixed-rate loans as low as 2.69 per cent. Experts say lower mortgage rates will trigger more home-buying this spring 2015.
 
Sturgeon, J. (2015). Mortgage rates are dropping - so how much house can you handle? Retrieved from Global News: http://globalnews.ca/news/1800405/mortgage-rates-are-dropping-so-how-much-house-can-you-handle/
 
 
 
 
 
 

 



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