Category: Mortgage

Bank of Canada Raises Interest Rate – Again!

Posted by & filed under Blogs, Mortgage.

Canadians can expect to pay 0.25% more on their interest rates starting October 24, 2018. This increase by the Bank of Canada on Wednesday raised the benchmark interest rate from 1.50% to 1.75% - which has already been raised 4 times since the summer of 2017. This was justified by praise to the econ

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