Canadians should ‘buy smaller’ homes in response to interest hike, Bank of Canada head says

As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well.

The post <b>Canadians</b> should ‘buy smaller’ homes in response to interest hike, Bank of <b>Canada</b> head says appeared first on Consumer-Mortgage.

source http://consumer-mortgage.com/canadians-should-buy-smaller-homes-in-response-to-interest-hike-bank-of-canada-head-says/