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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.
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.
