INFOGRAPHIC: Mortgage Moments of 2014

Mortgage News 2014

Did you get a mortgage in 2014? If so, congratulations – you likely scored one of the most competitive rates ever seen in Canada. It’s been a very eventful year, as lenders continued to compete with record-low offerings – a silver lining as the overall affordability of housing dwindled in our nation’s biggest markets – all while speculation raged that central rates would rise at any moment.

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Want to catch up on the action? As part of our annual Best of Finance Awards, we’ve rounded up the top mortgage events of the year – check it out below.


Also read: The Top Mortgage Trends of 2014>

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Mortgage News / Mortgages / RSM News

3 thoughts on “INFOGRAPHIC: Mortgage Moments of 2014

  1. i just renewed my mortgage 5 years fixed at 2.94%….don’t really care if the increase the rates… wait..i do…If they increase the rate that means i will get paid even more on my saving accounts and investments right?

    • Congratulations on renewing your mortgage at such a great rate! And yes, the silver lining to higher interest rates means your savings and investments will get a boost with higher earning rates. However, it’s impossible to predict what rates will be like once your 5-year term is up. It’s smart to keep an eye on how these economic factors are performing so you’re prepared in case of higher rates come renewal.

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