Buy Sell Love Durham

Connection, Empathy and Change in Real Estate

Tag: affordable home ownership

  • Monopoly game pieces used to illustrate the weekly Buy Sell Love Durham blog post about rising interest rates for mortgages.

    Are there any Benefits to Mortgage Rates Rising?

    The Bank of Canada is expected to increase rates again in the next week. Currently, 5-year mortgage rates are between 5 – 6%. The variation is based on if the downpayment is below or above 20%. In Ontario, with less than 20% down and CMHC mortgage insurance, the rates are lower than if more than…

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