Interest rates have risen considerably – we all know this. None of us knows where they go from here, but what should you do with your mortgage, especially if it is coming up for renewal? Most experts are recommending the five-year variable-rate mortgage or the 2- or 3-year fixed rate […]
Monthly Archives: September 2023
2 posts
The Bank of Canada held rates steady at 5% with today’s announcement, meaning there will be no change to lender’s prime rates. Watch the video below for more information: Today’s rate hold was fueled by last week’s weaker-than-expected GDP data, a decline in housing activity, as well as the impact […]