Interest rates are going up in Canada and ?? I will forward this to my daughter , as they will be looking for a home of their own
..below are a few great articles that pretty much confirms that the BoC is set to raise interest rates on July 12th 2017 and most likely again in January 2018.
Markets ‘bashed over the head’ as Bank of Canada hints at rate hike
http://www.bnn.ca/markets-bashed-over-the-head-as-bank-of-canada-hints-at-rate-hike-1.791440
Loonie notches biggest gain since March as BoC rate hike bets jump
http://www.bnn.ca/loonie-notches-biggest-gain-since-march-as-boc-rate-hike-bets-jump-1.791036
Poloz reiterates low rates have 'done their job'...."I think they've made it clear that they're ready to move," BMO's Benjamin Reitzes said.
http://www.bnn.ca/poloz-reiterates-low-rates-have-done-their-job-1.791061
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