https://betterdwelling.com/canadian-yields-wont-stop-ripping-higher-mortgages-are-following/ Canada’s Fastest Growing Real Estate News Source Tue, 03 Oct 2023 22:16:48 +0000 hourly 1 https://betterdwelling.com/canadian-yields-wont-stop-ripping-higher-mortgages-are-following/#comment-92274 Tue, 03 Oct 2023 22:16:48 +0000 https://betterdwelling.com/?p=24073#comment-92274 catch 22 you will be paying near 8 % on you mortgage on renewal 2 to 3 times what it was 2 years ago. Selling your property will also be impossible as the sudden flood of listings will force prices down rapidly, perhaps 20 to 30 % down in the next year. Thats the best outcome. If bond prices keep rising, it will be very interesting indeed.

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