Bank of Canada "holds" overnight rate at 0.50%! No change...
They are taking a wait-and-see-approach...
Read More: Bank of Canada holds key interest rate as it waits on Ottawa’s fiscal boost
Bank of Canada "holds" overnight rate at 0.50%! No change...
They are taking a wait-and-see-approach...
Read More: Bank of Canada holds key interest rate as it waits on Ottawa’s fiscal boost
Thanks,
Tim Lacroix | 403-648-1541
Mortgage. Made Easy Experts
Mortgage Connection
www.TimLacroix.com
If you have any questions please feel free to PM me or email [email protected]
Click here to View current Mortgage Rates
Worldwide rates are dropping. EU is basically 0.0 as of today.
https://www.ecb.europa.eu/stats/mone.../index.en.html
Depending on what category you can borrow or lend at, EU has been negative for a while.
Cocoa $12,000 per ton.
Tim, I've got a rate question for you. I've heard a couple times now that if BOC rates remain flat and the US Fed raises their prime rate, that mortgage rates in Canada will actually go up. Admittedly I don't understand why.