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MORTGAGE RATES SET FOR MODEST RISE IN 2016


Blog by Tammy Sharp - Personal Real Estate Corporation | December 11th, 2015


According to the BC Real Estate Association, mortgage rates are set for a modest rise in 2016

BCREA Mtg Rate Forecast.JPG


Highlights of the Report include:

  • Qualifying rate steady but offered rates moving higher 
  • Canadian economy bounces back from first half contraction 
  • Bank of Canada moves to the sidelines in 2016


Please read the BC Real Estate Association article HERE for their December Mortgage Rate, Interest Rate and Economic outlook for the upcoming months.

If you wish to discuss any of these points, I'd be happy to chat with you. Please feel free to call me.

- Tammy