Saskatoon Mortgage Broker shares article – Home loans are once again getting cheaper in Canada


Mortgage rates are once again falling in Canada as lenders gear up for the spring selling season, a development that could well stoke already overheated housing markets in Vancouver and Toronto.

Meridian, one of the country’s largest credit unions, introduced a fixed-one year rate of 1.69 per cent for Ontario customers Tuesday, down about a tenth of a percentage point from the next best offer in the market.

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