Adapting to the Changing Mortgage Market: Strategies for Mortgage Brokers in a Rising Interest Rate Climate
As of January 25th, the BOC (The Bank of Canada) increased interest rates for the 8th consecutive rate hike, bringing the policy rate to 4.5 per cent. Though this rate increase is not a surprise, the BOC does expect to hold off on further rate hikes. This will make the BOC the first major central …