What are your sources of information?

Our sources include a wide range of national and international Banks and financial institutions such as HSBC and the Bank of Canada. As well as CREA, RE/MAX, CMHC and RBC.

How long will interest rates stay low for in Canada?

Bank of Canada plans to keep interest rate near zero until 2023.

What is the BoC Interest Rate Forecast for the Next 5 Years?

This will remain at 0.25% for 2021 and remain unchanged in 2022.

What is the HSBC variable mortgage rate?

HSBC bank has brought out a variable mortgage rate of 0.99 percent.

Sarah Clark, Author at Smarter Loans

Sarah Clark

A native of St. Catharines, Sarah went to the University of Western Ontario where she earned a B.A. in Political Science and History. She loves to read books and is very involved in her community, with vast experience in the non-profit, education and health care sectors. Sarah is an experienced writer on business and technology, as well as media relations, social media and communication.

Articles by Sarah Clark

Canadian Mortgage Rate Trends for 2021

In this article, you will find key information about current mortgage rate trends in Canada. The Bank of Canada (BoC) target rate, which is linked to variable mortgage rates, is at its lowest right now, so don’t expect any further drops! BOC has made a commitment to keep key rates low until the economy begins to recover. Many forecasters are predicting economic recovery will not gain pace until 2022 / 2023.

How to market my business

If you want your business to succeed and stand out from its many competitors, then implementing a good marketing plan is essential. A strategic marketing plan will help to grow your business, drive customer traffic and increase sales.