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Today: 20.01.2018 - 03:19:22
   Canada Mortgage Hub Discussion Board -> Mortgage Rates Canada -> What is going on with the value of the US dollar?
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piligrim80

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What is going on with the value of the US dollar?
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Broker mortgage
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njzazz64

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Kavoooosh (sound of a flushing toilet).
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pancho120

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Well, this is what I have been hearing... there are a lot of houses being built in the USA, and it is filling up the economy, so the prices of housing is going down, therefore the mortgages are going down, meaning the dollar is going with it. They are also trying to lower the interest rates on mortgages. I'm not entirely sure if this is true or not but I have heard it from a few people. Trade values have changed as well because exporters are now paying more to get certain products because the Canadian dollar has risen, and so have the prices for the exporters. Don't worry I don't think you are in for an economic collapse.
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Can i get a mortgage
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