What to expect with the Bank of Canada's 2nd increase of their Overnight Rate this year... This change affects variable interest rate mortgages and any credit facilities that are tied to Prime (such as credit cards, lines of credits, and loans).
Tag: Bank of Canada
Is NOW “The Time” To Lock Your Variable Rate Into a Fixed Rate Mortgage??
Interest rates are on the rise. What's happening? If you have a variable rate, should you consider locking in? What is you already have a fixed rate? What if you're still house-hunting?