Fixed mortgage rates may not follow Bank of Canada cuts, former TD economist warns

While plenty of consumers believe the Bank of Canada’s steady interest rate cuts will drop mortgage rates meaningfully across the board, economist Don Drummond isn’t so sure that prediction applies to fixed rate mortgages. 

While plenty of consumers believe the Bank of Canada’s steady interest rate cuts will drop mortgage rates meaningfully across the board, economist Don Drummond isn’t so sure that prediction applies to fixed rate mortgages.  Mortgage Rates & Mortgage Broker News in Canada 

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