There’s a lot of conversation again about where interest rates could be headed and I thought it made sense to write out my thoughts. The Bank of Canada is watching higher gas and energy prices and what they could mean for inflation. Does that mean rates are definitely going up?...
Tag: Refinance
The Bank of Canada's Big Rate Drop – How does this affect you?
Part One - THE BENCHMARK RATE Last week, the Bank of Canada ( BoC) dropped their prime rate to 3.45% from 3.95%, the first rate cut since October 2018. Everyone by now has heard that news, but what does this mean to you? I’m creating a series of posts to...