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What the interest rate hike means for mortgage holders, home huntersThe Bank of Canada hiked its key interest rate Wednesday by a quarter percentage point, bringing the rate to 4.75 per cent - the highest it's been since April 2001. The hike is aimed at quelling inflation, which has proved stubborn, not moving down quickly enough toward the central bank's target of two per cent. However, the hike is also bound to weigh on those hunting for homes or holding mortgages.
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What the interest rate hike means for mortgage holders, home huntersThe Bank of Canada hiked its key interest rate Wednesday by a quarter percentage point, bringing the rate to 4.75 per cent.
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What the interest rate hike means for mortgage holders, home huntersTORONTO — The Bank of Canada hiked its key interest rate Wednesday by a quarter percentage point, bringing the rate to 4.75 per cent — the highest it’s been…
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Higher interest rates are coming for variable- and fixed-rate mortgage borrowersLatest Bank of Canada rate increase to 4.75 per cent will likely drive an uptick in consumer delinquencies, affect recent rebound in home prices
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What the interest rate hike means for mortgage holders, home huntersThe Bank of Canada hiked its key interest rate Wednesday by a quarter percentage point, bringing the rate to 4.75 per cent.
Lire la suite »
What the interest rate hike means for mortgage holders, home huntersThe Bank of Canada hiked its key interest rate Wednesday by a quarter percentage point, bringing the rate to 4.75 per cent.
Lire la suite »