BoC Decision: Pleasantville for Variable Mortgagors – Consult with a Vancouver Mortgage Broker
January 29, 2014 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
Today’s Bank of Canada (BoC) interest rate decision was reassuring for variable-rate borrowers. The Bank announced that Canada’s key lending rate will remain just 75 basis points above its all-time low. The Bank suggested its next move is just as likely to be a rate cut as a rate hike. It said the risk of falling inflation “has grown in importance” […]
