Wednesday September 5, 2018 the Bank of Canada maintained their overnight rate which in essence means no change to your interest rate. This is good news since we have seen a few increases this year. I want to stress to you again; are you really making the most of these low interest rates? How much do you have saved up or how close are you to paying off your mortgage because you have made extra payments on your mortgage? If you interested in learning more about how the maintenance of interest rates can positively impact you, let’s chat.
Read more here: https://globalnews.ca/news/4428097/bank-of-canada-interest-rate-hike-oct-24/