Blog by Tridac Mortgages

Mortgage Interest Rate Update Bank of Canada

March 2nd, 2011
No surprises yesterday when the Bank of Canada announced that it was going to keep the prime mortgage rate unchanged. The Bank has observed that the global economic recovery is proceeding as they expected and that risk remains high. You can read the entire press release here off the Bank of Canada website.
 
What does this mean to you?
If you are currently in a variable rate mortgage we see no ...

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