Canadians scramble to get mortgage pre-approvals as rate hikes loom

Author: External Author | Categories: Mortgage Pre Approval , Mortgage Services

Canadians are scrambling to get mortgage pre-approvals and rate holds before the era of low interest rates comes to an end, as some economists predict.

Real estate and mortgage brokers say their clients are increasingly seeking ways to hold on to current rates because many housing markets like Toronto are facing heated conditions making it hard to keep purchase prices down.

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Original Article Source Credits:   Global News ,

Article Written By:  Tara Deschamps 

Original Article Posted on:  November 9, 2021 

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