Will the US Fed Rate Hike Mean Higher Canadian Mortgage Rates?

It isn’t just rapidly heating real estate prices barring some buyers from the housing market –  a trend of rising rates is underway south of the border with implications for Canadian mortgages. The U.S. Federal Reserve (the American counterpart to the Bank of Canada) announced yesterday a hike to its trend-setting interest rate by a … Continue reading Will the US Fed Rate Hike Mean Higher Canadian Mortgage Rates?