Buckle Up: Here Comes Higher Rates

Posted by Michael Campbell

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The markets are beginning to react to the hints coming from Central Banks around the world that interest rates are going to rise. Right now 90% of analysts think that Stephen Poloz, the current Governor of the Bank of Canada will raise rates this fall. Rate increases that will change the investment landscape across the board. Possibly the only factor that will hold back a rise in Canadian rates would be another significant fall in oil prices. 

aremortgageratesgoingupincanada