Rising Mortgage Rates
Rising mortgage rates, coupled with with a decrease in maximum ammortization to 30 years on a 5-year fixed mortgage, will definitely bite into cash flow for those buyers who have been sitting on the fence waiting for the snow to melt.
Read this perspective from the Globe and Mail today;http://www.theglobeandmail.com/globe-investor/personal-finance/rob-carrick/rising-mortgage-rates-are-worse-than-you-think/article1897959/
Read this perspective from the Globe and Mail today;http://www.theglobeandmail.com/globe-investor/personal-finance/rob-carrick/rising-mortgage-rates-are-worse-than-you-think/article1897959/