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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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Wednesday Aug 27th, 10:00 AM to 12:00 PM we will be hosting an Open House at 1565 RUPERT Street in the Lynnmour neighborhood of North Vancouver.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Lynnmour House for sale.

As always please do not hesitate to give us a call if we can answer any questions before the open house, or if you would like to book a private showing.

Judi Whyte/ Robbi-Layne
Prudential Sussex Realty

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Please note the change for this upcoming openhouse.

Saturday Aug 16th, 11:00 AM to 1:00 PM we will be hosting an Open House at 31605-158 W13TH Street in the Central Lonsdale neighborhood of North Vancouver. T

Please come with any questions you may have. In the meantime you can take a virtual tour of this Central Lonsdale Condo for sale.

As always please do not hesitate to give us a call at if we can answer any questions before the open house, or if you would like to book a private showing.

Judi Whyte/ Robbi-Layne
Prudential Sussex Realty

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