Now that the NAFTA has been negotiated a rate hike is a go! There will be a rate hike this October 2018 as well as January 2019. After that rate hike there will supposedly be an extended pause in rate increases. Economists forecast that the Canadian dollar will strengthen over the next six months. Also 5-year mortgages will be renewed at higher rates for the first time in a generation. #ratehike #realestatemarket #oakvillerealestate
