Will mortgage rates drop in 2020
Holders of variable mortgage rates will see a monthly rate drop of half a per cent for interest cost savings With Canada's big lenders following the Bank of Canada's rate cut, homeowners with variable- Thu., March 5, 2020timer2 min. read. By HAL M. BUNDRICK, CFP, and HOLDEN LEWIS of NerdWalletMarch 4, 2020. The Federal Reserve cut short-term interest rates by half a percentage point on “The global economy will be materially weaker in the first quarter of 2020 and in the period ahead,” said Mr February rate cut to spark new mortgage rate war.