Bank of Canada raises key lending rate by .25%- kitchener homes for sale
On June 1st. the Bank of Canada followed what most economists predicted and rasied it’s key lending rate by .25 basis points. Most of the major banks have already followed suit, but what does that mean for Canadians? Have a look at my video to see my thoughts on the difference between variable rate and fixed rate mortgages.
This entry was posted on June 2, 2010 by kevinbakerrealestate. It was filed under Buyers, Video Blogs and was tagged with Bank of Canada, first time home buyer, home buying, kevin baker, Kitchener waterloo, kwhometeam, kwrealestatelife, market update, Mortgage News, Prime rate, real estate investing, Remax.