Tuesday, December 4, 2012

Bank of Canada Rate Update


Bank of Canada Update

 

Today the Bank of Canada announce yet again to hold the overnight lending rate at 1%, leaving it unchanged.  This is good news for variable rate holders, and invididuals who are trying to pay down debt.  For further information please follow the link to the Bank of Canada's website.

The bank's next rate announcement is scheduled for January 23, 2013. 


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Shawn Mooney

Bayfield Mortgage Professionals Ltd.
Mortgage Expert

Phone 403-945-8769
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Different, lower rates may be available. Please contact me for details. Rates can change anytime. O.A.C. Some special conditions can apply, rate might be quick close or high ratio only.

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