Rates reduced by 0.50%!!
Bank of Canada reduced the overnight rate by 0.50%, bringing it from 4.25% to 3.75%. Which for most lenders will bring the Prime rate...
Oct 23, 2024
Another Rate Reduction!
Bank of Canada reduced the overnight rate by 0.25%, bringing it from 4.50% to 4.25%. Which for most lenders will bring the Prime rate...
Sep 4, 2024
Rates have come down once again!
Bank of Canada reduced the overnight rate by 0.25%, bringing it from 4.75% to 4.50%. Which for most lenders will bring the Prime rate...
Jul 24, 2024
Bank of Canada has finally reduced Rates!
Bank of Canada reduced the overnight rate by 0.25%, bringing it from 5% to 4.75%. Which for most lenders will bring the Prime rate from...
Jun 5, 2024
STILL no change in variable rates...Holding Steady!
Bank of Canada keeps the overnight rate at 5%. Which for most lenders Prime rate will remain at 7.20%. What is the Bank of Canada...
Apr 10, 2024
No Change to Rates Today!
Bank of Canada keeps the overnight rate at 5%. Which for most lenders Prime rate will remain at 7.20%. What is the Bank of Canada...
Mar 6, 2024
Rates Remain Steady!
Bank of Canada keeps the overnight rate at 5%. Which for most lenders Prime rate will remain at 7.20%. What is the Bank of Canada...
Jan 24, 2024
No Rate Increase Yet Again!
Bank of Canada keeps the overnight rate at 5%. Which for most lenders Prime rate will remain at 7.20%. What is the Bank of Canada...
Dec 6, 2023
No Rate Increase Today!
Bank of Canada keeps the overnight rate at 5%. Which for most lenders Prime rate will remain at 7.20%. What is the Bank of Canada...
Oct 25, 2023
Bank of Canada chose NOT to increase rates today!
Bank of Canada keeps the overnight rate at 5%. Which for most lenders Prime rate will remain at 7.20%. What is the Bank of Canada...
Sep 6, 2023