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MORTGAGE RATE FORECAST......BCREA


As the year ends, it's worth reflecting on how significantly the Canadian interest rate environment has changed in just twelve months. One year ago, the Canadian yield curve was its usual upward sloping shape, with markets expecting gradual rate increases by the Bank of Canada. Based partly on those expectations, Canadian mortgage rates were climbing. However, within 8 months the yield curve in Canada had inverted, bond yields tumbled, and Canadian mortgage rates were once again heading lower.


https://www.bcrea.bc.ca/economics/mortgage-rate-forecast/


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6242 St Georges Crescent, West Vancouver, BC

I just finished uploading this House for sale, 6242 St Georges Crescent, West Vancouver, BC

Nothing says 'cozy' quite like the sound of a roaring fireplace, with large windows to take advantage of the beautiful ocean views to Bowen Island and Snug cove. This stunning architecturally designed home which was totally renovated in 1977 is situated on nearly a half acre lot in the best part of Gleneagles. Each of the principal rooms are ample in size and situated ideally to take advantage of the natural light. The title 'West Cost contemporary' is a title that just begins to tell you what this home has to offer. Whether it's entertaining a festive family gathering or just lounging by the pool in the summer, this really is a home for all seasons.

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