Business News • MarketWire • REPEAT-BMO First-Time Home Buyer's Report: One-Third Expect Interest Rates to Remain the Same Over the Next Five Years

REPEAT-BMO First-Time Home Buyer's Report: One-Third Expect Interest Rates to Remain the Same Over the Next Five Years

REPEAT-BMO First-Time Home Buyer's Report: One-Third Expect Interest Rates to Remain the Same Over the Next Five Years

- Majority of first-timers are taking steps to stress-test their mortgage- According to BMO Economics, rate hikes expected to start in the second half of 2014- Three-quarters plan to "stress-test" their first mortgage against a higher interest rate

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