Canadian banks have posted mortgage rates at record lows for consumers with BMO’s four-year rates as low as 2.99 %. Due to the current economic state, Canadian banks are being funded by greater international interest in Canadian bonds as they are being percieved as safer than other countries. This is beneficial for our real estate market as more people will be interested in buying property. Other banks are following suit with offers ending in late January and February. This is the ideal time to list your property if you are looking to sell.