Canada Mortgage Rates Increase in 2022. The Bank of Canada has raised their benchmark rate which is the start of a rise in mortgage rates Canada 2022. If you have a variable mortgage rate, should you consider switching to a fixed mortgage rate right now? Watch this video to find out. Toronto Real Estate 2022 is about to get very interesting!
0:00 - Intro
0:55 - Interest rates are rising in Canada
1:25 - What does this mean if you have a mortgage?
3:00 - Should you switch to a fixed mortgage rate?
3:37 - How rising rates will affect you if you want to buy a house
4:40 - Outro
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🔥 Nick Vazquez is a Toronto Realtor who is passionate about helping people build wealth and hit their goals through buying, selling and investing in real estate. Nick works with clients throughout the Greater Toronto Area and he helps them achieve their goals through the use of his modern and creative marketing techniques. Nick is also really big on creating lifelong relationships. His motto is "Relationships over Transactions". The client and the relationship is what matters most.
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