Buyers Scramble To Get Into The Spring Housing Market Before Interest Rates Rise
Wednesday Feb 9th, 2022
ShareAt the end of January 2022, the Bank of Canada decided to keep the interest rate low, which has set the stage for another hot spring real estate market. With this news, buyers have sprung into action before rates go up later this year – and sellers are fervently listing their homes to capitalize on the market. Rising Rates Are Coming Fast After nearly two years of record-low interest rates, some economists and mortgage experts expect a rate increase as soon as March 2022, when the... [read more]