Mortgage Rundown: 'Inflation horror show' could mean three years of misery for variable-rate borrowers - The Globe and Mail


4/20/2022 12:00:00 AM3 yearsago
by Robert McLister

The prime rate is likely to continue to rise and then peak in the next 12 to 24 months, while bond market expectations suggest it could be another three years before rates start dropping again

Welcome to Mortgage Rundown, a quick take on Canadas home financing landscape from mortgage strategist Robert McLister. This is an inflation horror show. Thats how BMO Capital Markets put it after … [+7780 chars]

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