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Keeping Track of Variable Rates

Mark Pavilons from the Caledon Citizen says, “I have yet to hear a mortgage specialist call and say ‘Mr. Pavilons, the Bank of Canada is likely to increase the rate by a quarter point next week, so in your best interest, I think we should lock in your mortgage now.'”

If your mortgage agent doesn’t do that, find a new one……..or read Canadian Mortgage Trends.