January 1, 2023 | Kelvin Behrens
In March 2022, the Bank of Canada began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly.

January 2, 2022 | Kelvin Behrens
Since September, fixed mortgage rates—which follow the 5-year Bank of Canada bond yield—have also been climbing. Fortunately, economists believe the housing sector is well-positioned to absorb these higher interest rates.

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