Monday, March 9, 2015 @ 11:45 AM
Posted By: Bob Brown
Thursday, March 5, 2015 The Bank of Canada announced on March 4th, 2015 it was keeping its trend-setting overnight lending rate at 0.75 per cent. Six weeks earlier, the Bank surprised markets by cutting the rate by a quarter of a percentage point as insurance against economic damage from the
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Category: Finance
Tags: bank,bank rate,interest rate,mortgages,homes,home ownership
Wednesday, February 18, 2015 @ 12:33 PM
Posted By: Bob Brown
(NC) If you bought your home within the last five years, it may soon be time to dust off that mortgage document and consider your renewal options. Chances are, not only have mortgage rates changed, but so too have your circumstances since your last term. “Too many Canadians focus solely
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Category: Finance
Tags: interest rate,homes,houses,real estate,mortgages
Thursday, January 22, 2015 @ 11:44 AM
Posted By: Bob Brown
In a surprise move, the Bank of Canada announced on January 21st, 2015 that it was lowering its trend-setting overnight lending rate from 1 per cent to 0.75 per cent. This marks the first change to the Bank’s key interest rate in more than four years. The decision to cut
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Category: Economics
Tags: interest rate,homes,houses,real estate,mortgages
Friday, September 6, 2013 @ 2:55 PM
Posted By: Bob Brown
The Bank of Canada announced on September 4 th 2013 that it was keeping its trend-setting overnight lending rate 1 per cent, where it has been since September 2010. The Bank kept to the message given by its most recent Monetary Policy Report (MPR) released in July in that it
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Category: Announcements
Tags: mortgage,housing,real estate,home buying
Friday, May 31, 2013 @ 1:36 PM
Posted By: Bob Brown
The Bank of Canada’s economic outlook and key policy rate remained unchanged when it announced on May 29 th 2013 it was keeping its trend-setting overnight lending rate 1 per cent. In its April announcement, the Bank recognized the persistent economic weakness and cut its forecast for Canadian economic growth
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Category: Announcements
Tags: real estate,mortgages,homes,home buying