Valueland's blog

Following BoC's Rate Drop, Prime Rate Dropps to 2.70% from 2.85% with Most Lenders

Following yesterday's rate reduction by Bank of Canada, most of the major bank has announced to drop the prime rate by 15 bps, makes the prime lending rate at 2.70%.

The lowest variable rate we have now is 1.85%!!!

Apply today to secure the rate!

 

Bank of Canada Maintains Overnight Rate at 3/4 Per Cent.

Bank of Canada's annoucement today indicating no changes to the interest rate.

The current prime rate is still at 2.85%

Please contact us today and see how you can get 2% (P-0.85%) variable rate.