top of page

Inflation Jumps to 2.6%! What It Means for Mortgage Rates

Keith&Jacqueline

The end of Canada’s temporary tax holiday caused inflation to surge to 2.6% in February, up from 1.9% in January. With the Bank of Canada’s key interest rate now at 2.75%, what does this mean for your mortgage?


📈 Higher inflation can delay rate cuts, keeping borrowing costs elevated.


Don’t navigate this uncertain market alone—let’s chat about your best mortgage strategy!


📲 Contact us to explore your options!

 
 
 

Comments


Image by Patrick Boucher
Keith Baker Mortgage Broker TotalMortgage.ca

Keith Baker

604 723 5363 

kpbaker@shaw.ca 

  • Instagram
  • Facebook
  • LinkedIn
  • Pinterest
Jacqueline Zerbe Mortgage Broker TotalMortgage.ca

Jacqueline Zerbe

  • Instagram
  • Facebook
  • LinkedIn
  • Pinterest

We serve clients located all over British Columbia, including Vancouver, North Vancouver, West Vancouver, Squamish, Whistler, Burnaby, Coquitlam, Port Moody, New Westminster, Surrey, Richmond, Delta, Maple Ridge, Pitt Meadows, Aldergrove, Abbotsford, Chilliwack, Victoria, Parksville, Qualicum, Courtenay-Comox, the interior including Kamloops, Kelowna and Penticton.

Have A Question 

For Us?

Thanks for submitting!

© 2020 by Total Mortgage

bottom of page