Birdwatch Archive

Birdwatch Note Rating

2023-11-17 03:28:44 UTC - HELPFUL

Rated by Participant: CDEB6E83B66DEFB3BDB53163CF75D843B88661413DBD3B7B783F70EAA38D7B9F
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Original Note:

While provinces can impose rent control, they do not set interest rates, the BOC does. When interest rates rise, so do mortgageā€™s held on rental properties. https://www.bankofcanada.ca/2020/05/whats-behind-your-mortgage-rate/

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