Adrienne N.  Annett

Adrienne N. Annett

Sales Representative

RED HOUSE REALTY

Mobile:
416-543-1737
Office:
(416) 213-2132
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Adrienne N. Annett's blog

What goes down, must come up!

Is it wise to buy or sell real estate when the mortgage interest rates are currently significantly higher than early last year?  

 

The short answer is YES.

 

The Bank of Canada policy rate was abnormally low over the last couple years creating a frenzied real estate market. Since then, it has gone up. 8 times! So why is it a 'yes' to buy?

 

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