Mortgage Rate Updates

The Bank of Canada today announced it is keeping its target for the overnight rate stable, at 0.25%. This is the effective lower limit of the overight rate.

The Bank of Canada today announced that it is keeping its target for the overnight rate stable, at 0.25%

The Bank of Canada today (March 27 2020) announced that it is lowering its target for the overnight rate by 0.50%, to 1.25%.

The Bank of Canada today (March 13 2020) announced that it is lowering its target for the overnight rate by 0.50%, to 1.25%.

The Bank of Canada today (March 4 2020) announced that it is lowering its target for the overnight rate by 0.50%, to 1.25%.

The Bank of Canada has maintained its overnight rate at 1.75%, as of January 23rd 2020.

The Bank of Canada announced Wednesday its benchmark interest rate will rise by a quarter percentage-point to 1.75 per cent. The Bank of Canada prime rate is now 3.95% Analysts widely predicted a rate hike due … Read More

Reiterating its “gradual” approach to raising interest rates, the Bank of Canada announced Wednesday morning it’s keeping its target overnight lending rate at 1.25%. “Global economic activity remains broadly on track with the bank’s April forecast. … Read More

Higher interest rates are a matter of when, not if, but Canada’s central bank announced Wednesday it’s holding its overnight lending rate at 1.25%. “Higher interest rates will be warranted over time, although some monetary policy … Read More

Canada’s central bank announced Wednesday morning it’s keeping its target overnight lending rate at 1.25%. “While the economic outlook is expected to warrant higher interest rates over time, some continued monetary policy accommodation will likely be … Read More