Mortgage Rates set to increase in 2010
A Federal Agency - Canada Mortgage and Housing Corp (CMHC) - forecasts mortgage rate increases for 2010, specifically the one-,three-and five-year rates. Although not expected to be dramatic, Richard Corriveau - regional manager of market analysis - at CMHC sees "modest" increases for 2010. See Dec 05-09 Calgary Herald article for more info - "Mortgage rates to increase in 2010...."