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The latest in mortgage news: uninsured posted rates at decade-highs
Author:
Steve Huebl
Publication date:
March 10, 2023
Article Summary:
The article titled "The Latest in Mortgage News: Uninsured Posted Rates at Decade Highs" highlights a concerning development in the Canadian mortgage market. It reports that uninsured posted mortgage rates have reached the highest levels in a decade. The article explains that uninsured mortgages, which are not backed by mortgage insurance, are subject to higher interest rates, affecting affordability for borrowers. It discusses the implications of this trend for homebuyers and advises them to carefully consider their options and seek expert advice when navigating the current mortgage landscape.
Keywords:
Uninsured, Posted rates, Decade highs, Mortgage news, Canadian mortgage market, Interest rates, Affordability, Borrowers, Trend, Homebuyers, Options, Expert advice, Mortgage landscape.
Source Citation:
Steve Huebl
The latest in mortgage news: uninsured posted rates at decade-highs
March 10, 2023
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