Calgary Mortgage News : The BoC Rate Remains UNCHANGED

[TimLacroix]

No surprises here! Bank of Canada holds steady!

If you haven't already done so, take advantage of low rates and increase your payment to pay down Variable rate mortgage, HELOC's, Student Loans, etc...

NO changes to Variable Rate Mortgage Holders! Prime remains at 3.00%.

Important to note that this announcement has nothing to do with Fixed Mortgage Rates. As most of you know, the rates have climbed over the past 3-4 weeks. Fixed rates follow the Canada 5 Year Bond Yield

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[Pacman]

I really regret getting a fixed, closed mortgage a few years ago. I'm quite risk adverse, so the variable didn't really appeal to me, but in hindsight, the variable was the way to go.

[Sugarphreak]

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[Disoblige]

Originally posted by Sugarphreak
Dammit.... 89coupe is going to win that bet at this rate

ohhhhhhhh.. clever son!