5 Year Fixed 2.89%

5 Year Variable 2.99%

CTV Morning Live: Mortgage Minute- January 15, 2020

CTV Morning Live: Mortgage Minute- January 15, 2020

Date Posted: January 15, 2020

What can we expect in the 2020 mortgage market?

Many experts are predicting at least one decrease to the Bank of Canada rate, possibly early in the year. However, fixed rates are still outperforming variable rates at this time.

The Ottawa sellers’ real estate market has continued into the new year. Competitive offers are still among the challenges buyers are facing.

To see the full segment from CTV, click here.

Contact your Mortgage Broker for more trusted information.