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Bank of Canada Increase’s Rates

On Wednesday October 24th the Bank of Canada increased it’s benchmark interest rate to 1.75%.  This will affect those who have variable mortgages as most lenders have increased their prime [...]

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Bank of Canada Increases Rates by 0.25%

The Bank of Canada has increased it’s Overnight Rate  by 0.25%  to 1.5%.  This will affect the variable rates and lower term mortgages.   The longer term fixed-rate products, that are more [...]