Bank of Canada Rate Update

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Bank of Canada Rate Update…

The Bank of Canada has held the overnight rate steady at 2.75%, with no changes to the bank prime rate, which remains at 4.95%, depending on your lender. Variable-rate mortgage clients will not see any change to their monthly payments or amortization at this time.

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Direct: 613-327-7121 | Email: tsapinski@gmail.com

Direct: 613-327-7121 | Email: tsapinski@gmail.com

Direct: 613-327-7121 | Email: tsapinski@gmail.com

Bank of Canada Rate Update

The Bank of Canada has held the overnight rate steady at 2.75%, with no changes to the bank prime rate, which remains at 4.95%, depending on your lender. Variable-rate mortgage clients will not see any change to their monthly payments or amortization at this time.