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Mortgage refinancing starting to cool from pandemic highs: TD Bank

"Were seeing a lot of the volume now on the purchase side, and were still seeing refinances getting done, but its really moved to more of a purchase market," he said. Bracas remarks come as the U.S. is staging a widespread reopening from pandemic measures and Canada is eyeing a similar move as vaccination rates soar. While the pandemic forced the temporary closure of many businesses, it was no match for Canadas real estate market. Buoyed by low interest rates, Canadians flocked to the housing s...
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