With variable mortgage rates closely tied to the overnight rate; it is great to hear that the TD Bank forecasts the Bank of Canada overnight target rate will remain unchanged until 2019.

With continued lower rates, this makes purchasing a home more affordable. The record sales month that we seen in August also points to a positive outlook for the real estate market in the coming months.

Learn more about what TD Canada predicts in this latest Canadian Real Estate Wealth article, and what it all means.

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