Mortgage Rates and Their Impact on the Real Estate Market

Mortgage rates are at historically low levels. What impact does this have on the real estate market? Is it harder to get a mortgage given the current economic situation? How do you choose between a fixed rate and a variable rate mortgage? What are some of the different mortgage products available? Christine Lemieux, accredited mortgage broker and member of the Canadian Association of Accredited Mortgage Professionals, has the answers to these questions.