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Investors: 50% Probability of Mortgage Rates Rising by June 1

On April 13, major banks hiked interest rates – leading into what may be the busiest period of home buying activity in recent memory, says the Financial Post. Eric Lascelles, chief economics and rates strategist for the Toronto-Dominion Bank TD Securities Unit, told reporters that investors now agree that there is a 50% probability that Bank of Canada rates will increase as early as June 1. ...
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