The property value decrease depends on many economic factors. Although interest rates have increased, the housing market still has fierce competition

Mortgage stress test has already increased for some borrowers because they are stress-tested for rates higher than 3.25% plus 2%.

When successfully passing the mortgage pre-approval stage, the rates that were discussed are provided to the borrower in written format.

7 in 10 homeowners have revealed in a survey that they could handle a rise in monthly payment of more than 10%.

Fixed rate vs Variable rate mortgages, both of these have there own pros. Here’s what you need to know about the two types of mortgages.

The increasing levels of inflation have resulted in an increase in fixed mortgage rates this year bringing the uninsured rate to 3%

Looking at the real estate market, we can see how interest rates affect property values. Generally, as rates rise, so do property values

During the pandemic, the dominant theme of economic recovery has been inflation and we are expecting interest rates to increase this month