Nate McAvoy
1428 West 7th v6h1c1 Vancouver, BC, Canada

"Following a year like no other, Canada’s housing market is poised to have a record-setting 2021... according to a new report from RBC."

"... Canada’s most expensive housing markets will soon have an easier time qualifying for the First-Time Home Buyer Incentive (FTHBI)."

As expected, the Bank of Canada keeps rate unchanged. Pledges to keep it at historical lows for the next couple years.

Rock bottom interest rates are here to stay.

Mortgage rates to remain at all time lows with 63% of economists saying that the rate won’t move until sometime in 2022 or 2023.

Canadians can expect fixed and variable rates to stay at their current historic low until the Canadian and world economy is close to fully recovered,