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Time to borrow as rates near historic lows
Canadian finance outlook says inflation tumbled and global rate cuts push lenders toward sub 11 percent mortgages. With a six month open loan and potential refinances, borrowers gain flexibility, lower costs, and renewed housing market staying power. The piece notes U S and international rate cuts feeding deflationary pressure.
MENTIONED IN THIS ARTICLE
Bank of Montreal
Canada Trust
U.S
Bank of Japan
Britain
Bank of France