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Buyers are you ready as rates may rise sooner than expected! Read the article from Financial Post: Bank of Canada rate hikes could come sooner than expected | Financial Post

Buyers are you ready as rates may rise sooner than expected! Read the article from Financial Post: Bank of Canada rate hikes could come sooner than expected | Financial Post
  • Things are changing, anticipate on inflation pressures, potential increase in market price. This could turn into higher costs to borrow.

  • This means lower affordability, possibly stricter qualifications and perhaps higher long-term costs

  • For investors might mean accessing equity or restructuring could be more of a challenge

  • Buyers a stronger sense of urgency - stop sitting on the sidelines nothing is going to fall into your lap at a deal, it’s most likely going to cost you more on many levels. 

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