Written by 1:26 PM General • 2 Comments Views: 0

Mortgage Rates Heading Higher

Inflation worries are driving up interest rates.  BMO and RBC both hiked their rates yesterday by 1/5 to 1/4%.  Others will follow.  There are still a few lenders near 5% if you have good credit. 

If you need a mortgage NOW is the time to act.  Get pre-approved ASAP to lock in!  CBC Story

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Last modified: May 18, 2007

Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.

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