Buy now to get an unheard-of rate for a 10-year mortgage

There’s a brilliant reason to get into our expensive and quite possibly weakening housing market right now. A 10-year mortgage is now available for under 4 per cent. You can thank the banks for this unheard-of rate. In the past week or so, competition between them on mortgage rates has gone nuclear.

Read more … http://www.theglobeandmail.com/globe-investor/personal-finance/rob-carrick/buy-now-to-get-an-unheard-of-rate-for-a-10-year-mortgage/article2304460/