It’s in news, according to some mortgage professionals, mortgage rates will increase up to 5.25% in coming days for the Canadians real estate holders. 
Although nearly 375,000 mortgage-holders are already paying the high interest rate and official are preparing to impose 5.25 per cent mortgage rate to rest of 475,000 mortgage-holders. According to Canadian Association of Accredited Mortgage Professionals real estate market and residential mortgage market is now going down upon increase in interest rate.
