Saskatoon Mortgage Records – Mortgage rates expected to remain steady despite recent spree of hikes

via/ www.cbc.ca

Despite a topsy-turvy mortgage landscape that has seen rates go up unexpectedly, don’t expect your monthly payments to skyrocket any time soon, economists say.

“I think that mortgage rates will remain relatively stable,” CIBC deputy chief economist Benamin Tal told CBC News. “I just don’t see anything that will send them up.”

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