Simply put, to get Canadians saving instead of spending and not planning there futures on todays emergency low rates.
25% of investors are betting on a rate decrease, while economists disagree.
Carney notes 1% is still an emergency rate and is ready to move at any time the forcast changes.
Optimize your mortgage today as you can’t count on low rates forever!
Angela Calla Mortgage Team 604-802-3983 callateam@dominionlending.ca