Mortgage rates creeping up, a sign of things to come
If you’ve been listening to the news then you know that posted mortgage rates at some of Canada’s biggest banks have edged up .35 %, you can read about it HERE AT CTV. To put it in more tangible terms that equates to about a 7% increase in carrying costs as compared to current rates. Our fragile economic recovery hinges on the ability of consumers to take on debt, and…