The Most Splendid Housing Bubbles in Canada, April Update, as Yields Spike & Bank of Canada Hikes - WOLF STREET

But wait… Many home buyers had mortgage rates that were guaranteed when rates were much lower.

But wait… Many home buyers had mortgage rates that were guaranteed when rates were much lower. The rate of inflation in Canada spiked to 6.7% in March, from 5.7% in February. The Bank of Canada hik… [+4717 chars]

full article...