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What is the outlook on canadian mortgage rates for 2011?

 
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anonymous


Are the mortgage rates set to rise in 2011?
0     In Canadian Cont.02

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    propertysoldcan
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    "Lock your mortgages as soon as you can because mortgage rates will increase..."



    Canada mortgage rates are on the rise and will be increasing in 2011 as early April. We have seen the lowest mortgage rates in the history of Canada mortgages and there is simply no more space to go any lower. Lock your mortgages as soon as you can because mortgage rates will increase. Getting a 5 years fixed mortgage is the best option to take if you are planing to stay with your house for at least 5 years.

    This answer closely relates to:
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