Friday, January 16, 2015

Canada Mortgage Rate 2015



Low interest rates continue to propel home sales across Canada. Canadians are taking advantage of the lowest rates in history to purchase a home or investment and recreational. Contrary to media reports, Canadians are making mortgage payments on time and paying down the mortgage principal as well. We are less than half of one percent for mortgages in arrears. This means we have a very healthy mortgage lending environment. Mortgage rates should continue to remain low and even drop a little with more pressure on the Canadian economy vis-à-vis  the recent drop in oil prices. Key economic factors to watch for in 2015 are the US interest rate policy and Canada’s unemployment numbers. Both of these indicators are good indicators of interest rates for 2016.


3 comments:

Unknown said...

While choosing a mortgage repayment calculator, people should take proper care. An individual can not take it casually as purchasing a home is a big decision and it can not be made without a lot of consideration and preparation. Such a wonderful tool which will fulfill their demand is a mortgage repayment calculator. Please visit at: www.omj.camortgage rates

Unknown said...



Finding the best amount mortgage requires you to analyze the aggressive ante offered by assorted lending institutions and additionally the amount of mortgage to access the best home mortgage rate.Please see more: www.omj.ca
mortgage rates

Unknown said...


This article provides tips for first-time home buyers when purchasing their first home. Tips include using the expertise of an agent, figuring out your price range and exercising patience. Please visit at: www.omj.ca
best mortgage rates ontario