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03-28-2014, 09:24 AM
http://i.cbc.ca/1.2589658.1395974083!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_460/real-estate-mortgage-rates.jpg The amount of chatter that the Bank of Montreal’s mortgage rate cut generated this week is more proof that Canadians are not yet sick of talking about real estate. But it's unclear how much of an effect the new 2.99 per cent five-year rate will have in terms of driving new buyers to the market.
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More... (http://start.westnet.ca/newstempcb.php?article=business/bmo-s-mortgage-rate-cut-won-t-have-big-impact-on-housing-market-1.2588606)
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