Mortgage rates are on the rise in Canada, a trend that could cool the housing market even as the economy struggles to recover from the effects of low oil prices. The country’s hottest and most expensive markets should feel the greatest pinch from higher rates.
http://www.theglobeandmail.com/report-on-business/economy/housing/rising-mortgage-rates-could-put-damper-on-housing-market/article27466110/