Economic turmoil should boost Thunder Bay housing market

The real estate market in Thunder Bay will remain hot thanks in part to the current economic turmoil south of the border.  LU economics Professor Livio Di Matteo says the US Federal Reserve Bank vowing to keep interest rates low, will likely mean the Bank of Canada will follow suit.  He says lower interest rates will make it easier for people to get a mortgage and will keep our housing market rocking for the foreseeable future.