The September issue of Mortgage Rate Forecast is now available on BCREA Online.

Highlights:

• Fixed mortgage rates steady in 2015 but could rise next year
• Canadian economic recovery underway
• Bank of Canada weary of the "zero lower bound" on interest rates

Send questions and comments about Mortgage Rate Forecast to: Cameron Muir, Chief Economist, cmuir@bcrea.bc.ca; Brendon Ogmundson, Economist, bogmundson@bcrea.bc.ca.

Additional economics information is available on BCREA's website at: www.bcrea.bc.ca. To sign up for BCREA news releases by email visit click here.

Mortgage Rate Forecast is published quarterly by the British Columbia Real Estate Association. Real estate boards, real estate associations and REALTORS® may reprint this content, provided that credit is given to BCREA by including the following statement: "Copyright British Columbia Real Estate Association. Reprinted with permission." BCREA makes no guarantees as to the accuracy or completeness of this information.

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