Tagged With: interest rates ontario

Mortgage Broker Update – Bank of Canada Keeps Interest Rates Unchanged

Interest rates remain near record lows, but there is hinting that they may begin to rise in 2013.  The Bank of Canada just announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. … Continue reading »

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