Will the USMCA Trade Deal Help or Hinder Homebuyers?

With NAFTA re-negotiations concluded next week, the re-vamped United-States-Mexico-Canada Agreement has lifted a grave shroud over the Canadian economy.

However, according to The Globe and Mail's Rob Carrick, active home buyers have nothing to be thankful about.

He says that the low-interest rate environment some have enjoyed since 2008 will swiftly be transformed by rising rates, and that young buyers should lock into a decent mortgage rate sooner rather than later.

To learn more, visit the theglobeandmail.com.