Navigating Mortgage Renewals in a Rising Interest Rate Environment: Strategies for Canadian Homeowners
FREE CONSULTATION Call Sms Email free consultation Introduction In today’s Canadian economy, rising interest rates have reshaped the landscape of mortgage renewals, posing challenges for homeowners. As of 2024, securing a fixed 5-year term mortgage at a rate of 5% is considered favorable, significantly higher than the rates observed just a few years ago. This […]
Gsell Finance: Your Guide Through Rising Mortgage Rates in Canada
In recent years, Canadians have been reaping the benefits of historically low mortgage rates, making the dream of home ownership more attainable than ever. However, the financial landscape is shifting. The Bank of Canada has begun to raise its key interest rates to counteract inflation, a trend experts predict will continue. Consequently, many Canadian homeowners […]