Two Things 2014 Will Bring to the Canadian Mortgage Industry

Written by Family Photos. Posted in Average mortgage rates, Bank mortgage rates, Mortgage rates today

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The average Canadian home is approximately 70% paid off. While this is great news for current homeowners, there are still plenty of people out there who would love to buy their own home one day. One source to always pay attention to is the CMHC, or Canadian Mortgage and Housing Corp. Whether you’re a homeowner that may be thinking about refinance mortgage rates, or you want to own a home in the future, there are a few mortgage rate trends for 2014 that you’ll want to be aware of. Taking in a few helpful tidbits now and preparing yourself, you could have a much easier time navigating learning how to refinance mortgage rates, no matter where in Canada you may live or what k