CBC North - Photo By Lena Autut

  | Bookmark and Share

Mortgage rates hit record lows

The Bank of Montreal is offering the lowest fixed rate mortgage in Canadian history right now; 2.99 per cent for a five-year term.

The other major banks are expected to follow suit.

John Andrew is the director of the Real Estate Roundtable, and he teaches at Queen's University.

Click on the link below to hear him speak with Dave.

Download Flash Player to view this content.