• Home Purchase/Buying Basics
    Buying a home is a milestone in everyone's life. It symbolizes that you are independent and have achieved the stability of living a relatively comfortable life. Here are a few things
  • This means a couple of things. The most important thing to realize is that the lender will not just fork over a new, lower interest rate. You will be asked to bring in income documentation
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Bank of Canada maintains its overnight rate target at 1/2 per cent.

This morning, the Bank of Canada announced that its overnight rate target maintains at 1/2 per cent, and the current prime rate stays at 2.70%.

Bank of Canada Maintains Overnight Rate at 1/2 Per Cent.

Bank of Canada announced this morning that there is no change to the interest rate.

The current prime rate is still at 2.70%.