Mortgage Payments Going Up Again Next Week

The Bank of Canada is set to raise rates, yet again, next week further impacting the already heavily stressed mortgage market. Effective payments to pay for a typical home have doubled in the past 2 years and variable rate holders are feeling the pinch. We dive into what will happen next and when you can expect rates to start coming down. November stats are in and we look at the National level and at the local level whereby we look at inventory levels, sales volumes and what is hap...