What Impact Will Rising Rates Have On Housing?

Both sellers and buyers alike are keenly interested in knowing what impact rising mortgage rates will have on the market.

TD bank has put together a great primer answering the most common questions to the mortgage rate hikes:

  • How much have rates increased?
  • What has fuelled the rate increases?
  • Should I go variable or fixed?
  • How much will the recent rate increase weigh on housing activity?
  • What are the impacts on affordability of taking out or refinancing a mortgage?

There are too many highlights and interesting statistical tidbits to quote, so I recommend just reading through the 4 page report:

One response to “What Impact Will Rising Rates Have On Housing?

  1. Pingback: Higher Interest Rates, Lower Housing Prices? | Calgary Real Estate Review

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