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by Jeremy
As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate. Here is your personal update from me on the recent Bank of Canada announcement on changes to their Overnight Rate, which in most cases impacts your Prime Rate. At 10:00 am EST, Wednesday March 1st, 2017 the Bank of Canada again did what we expected them to do … stay the course. What this means to you is that once again the prime rate on your mortgage, line of credit or student loan will not change and remains at 2.70%. This is fabulous news, but are you still making the most of the low…
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Posted by Jeremy
As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is…
Posted by Jeremy
At 10:00 am EST, Wednesday January 23rd, 2013, the Bank of Canada again did what we expected them…
Posted by Jeremy
I had to laugh when I read an article titled BoC’s interest rate warnings drove homeowners to lock…
Posted by Jeremy
With articles being published suggesting the “Great Canadian Borrowing Binge is Winding Down” and another “Average consumer debt…
Posted by Jeremy
How Obama’s re-election and the fiscal cliff could impact real estate and mortgage rates. Now that Barack Obama…
Posted by Jeremy
At 10:00 am EST, Wednesday March 6th, 2013, the Bank of Canada again did what we expected them…
Posted by Jeremy
Good morning, As you know, your variable rate mortgage, line of credit and/or student loans are all based…
