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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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I just finished uploading this House for sale, 415 OXLEY NORTH Street, West Vancouver, British Columbia

 

If you dream of coming home to your own private park, this offering may be for you. The nearly 11,000 sq. ft. peaceful, streamside property on a quiet cul-de-sac across the road from West Bay beach features a wide variety of rare and unusal plants. Its many garden pathways provide soothing tranquility.  The 2,200 sq. ft., 4 bed, 2 bath home has a partial ocean view. It is comfortable and solidly built, and includes many upgrades, including newer windows, furnace, chimney, and metal roof.  The property also includes a 2-storey, 650 sq. ft. detached storage shed.  In the sought-after West Bay IB catchment area.

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