The Bank of Canada raised it's prime rate .25% today to 1%. This may result in higher mortgage rates depending on what the banks decide to do. The Bank of Montreal had just lowered it's 5 year rate, so we'll see today or tomorrow what they
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Filed under: Market Conditions, windsor real estate, windsor real estate for sale, bank rates, bank of canada, interest rates, don merrifield jr, Canadian housing market, mortage rates, bank of canada rates, economic conditions, bank of canada prime rate
The Royal Bank has raised their interest rates .25%. This is the 2nd rate increase in 2 weeks. Last week the major banks and most finance companies raised their rates .6%. This brings the total increase to .85% in 2 weeks. The RBC posted rate is now 6.1%
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Best mortgage rates my partners at Equity Plus Mortgages are getting are 3.59% on a quick close 5 year mortgage. If you're even thinking of buying a property go to the links section in my website and fill out an on line mortgage application to get
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Bank of Canada dropped the prime rate by 1/2% yet the major banks raised their lending rates on most of their mortgage products. The major banks posted 5 year rate now stands at 7.20%. usually you can get a discount of up to 1% off the posted rate which
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