>>508568969 (OP)Mortgage interest rates are not directly tied to what the Federal Reserve does with the interest rate (which they should steadily raise to 1980s levels). Mortgage interest rates come from the overall mortgage securities market. That is why they they can move in opposite directions (which they do).
People thinking it is tied to the bond market in a direct way are fucking mouth breathing morons.
>>508569220Isn't the Canadian housing market even more fucked, unless you move to the middle of actual nowhere in the woods sitting on top of some tar sands that someone else likely owns the mineral rights to?