5 Year Fixed 2.24%

5 Year Variable 1.50%

Mortgage Minute: How will COVID-19 affect your mortgage?

Mortgage Minute: How will COVID-19 affect your mortgage?

Date Posted: November 24, 2020

In the past few months, we have been in a battle with Covid-19. In these times how could Covid affect your mortgage?

If you are currently reaching that time that you are to be renewing your mortgage but have been having issues with income and such you will be okay to renew. As the Covid-19 vaccine comes out, it is expected that the bond market will begin to normalize again meaning that fixed interest rates are expected to go up. Currently, rates are as low as they are going to get and the only way they are predicted to go are up. If your mortgage is coming to it is a best to reach out to a mortgage broker to secure the best rate within the next six months.

To get the best possible rate, reach out to a Mortgage Broker today!

To view the Mortgage Minute with Frank Napolitano; click here

Contact your Mortgage Broker today for trusted advice