What Will Happen When Mortgages Rates Rise?
October 30th, 2009What Will Happen When Mortgages Rates Rise?
There are growing expectations that mortgage rates are increasing: the question is whether the rising rates will expose the fragility - and perhaps sink - the current mini-boom in housing sales. The flush market remains a bit of a mystery, even in B.C. We have fairly high unemployment, a suffering resource sector and lower counts on everything fro ...