Brad Olsen: Infometrics principal economist on rising mortgage rates - Heather du Plessis-Allan Drive

Home buyers could be paying $500 dollars per week more than they were in 2020 towards their mortgage.

Two years ago, you could grab a two year interest rate for 2.49 per cent.

They're now around 6 per cent.

Infometrics principal economist Brad Olsen explained further.

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