Increase, but not as much as previously thought… Any attempt to look ahead in time gives at best a blurry picture, but BMO’s economists are confident that by the end of this year mortgage rates will be higher than now.…
Tag Archive for stress-test
Survey: Did you stress-tested your mortgage?
by Vasko DeLev • • 0 Comments
The idea of stress-testing is to look at your existing mortgage and see what would happen if suddenly the interest rate goes up. For those with fixed rates, there should not be any changes, but variable rate mortgages would be…