20 Aug

Five-year mortgages holding firm, but just wait…

General

Posted by: Eileen Crosbie

Five-year mortgages holding firm, but just wait…

Rewind seven months and economists were predicting that five-year fixed mortgage rates would creep up a bit this year. But they’ve done nothing but fall so far.

So what happened?

Click here for the full The Globe and Mail article.

Economists are still expecting five-year fixed mortgage rates to creep up, they just don’t know exactly when. (Christopher O Driscoll/iStockphoto)