Robert McLister·General·May 18, 2007Mortgage 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 Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.