Mortgage rates hit a new low, with Canadian bank posting below 1%

The pandemic has walloped Canada's economy, but borrowers who've managed to hold on to a job have benefited from record-low borrowing rates. Now one bank has hit an attention-grabbing new low, with a variable rate of 0.99 per cent. https://www.cbc.ca/news/business/mortages-covid-hsbc-1.5828934?cmp=rss #news/business