Royal LePage Parksville – Qualicum Beach Realty, 314 East Island Highway, Parksville, B.C. V9H 2H1Toll Free: 888 • 954 • 4433joanne@joanneferreiro.com
Contact info
Royal LePage Parksville – Qualicum Beach Realty, 314 East Island Highway, Parksville, B.C. V9H 2H1Toll Free: 888 • 954 • 4433joanne@joanneferreiro.com

Financial Post Forecast for low interest rates to continue in 2016

Interest rates impact the housing market in many ways, one of which is that low interest rates encourage people to invest in mortgages by buying homes. While interest rates are low, or before anticipated increases in rates, housing purchases are likely to increase and that bodes well for the continuation of a strong market in our area. Here is one Canadian forecast with good news….

 http://business.financialpost.com/news/economy/no-rates-hikes-in-canada-until-late-2016-oecd-predicts-as-country-shakes-off-last-of-lingering-oil-shock

Menu