06/05/2024
This morning the Bank of Canada has decreased the interest rate by 0.25% (25 bps) which is now 4.75%.
Prime rate - 6.95% (a decrease from 7.20%).
Variable rate mortgages to decrease by the same amount which translates to about $15/month per $100,000 loan.
Lines of credit and personal loans are also affected.
📲 Contact us for your Real Estate and/or Mortgage needs:
📧 [email protected]
🌳 https://linktr.ee/yurikvyetko
💨 http://www.newwindcapitalgroup.com/
