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June (Q2)Mortgage Rate Forecast – Rates Should Return to 2017 Levels

Fraser Valley (BC Real Estate Association) – The June issue of Mortgage Rate Forecast is now available on BCREA Online.

Highlights:

  • Mortgage rates return to 2017 levels
  • Canadian economy falters in first quarter
  • Time for the Bank of Canada to cut rates?

Send questions and comments about Mortgage Rate Forecast to: Brendon Ogmundson, Deputy Chief Economist, bogmundson@bcrea.bc.ca; Kellie Fong, Economist, kfong@bcrea.bc.ca.

Additional economics information is available on BCREA’s website at: bcrea.bc.ca. To sign up for BCREA news releases by email visit click here.

Mortgage Rate Forecast

Mortgage Rate Forecast is published quarterly by the British Columbia Real Estate Association. Real estate boards, real estate associations and REALTORS® may reprint this content, provided that credit is given to BCREA by including the following statement: “Copyright British Columbia Real Estate Association. Reprinted with permission.” BCREA makes no guarantees as to the accuracy or completeness of this information.

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