Canada Prime Rate Up 0.25% Today

As was widely expected, the Bank of Canada raised its key lending rate by 0.25% this morning.

This brings the rate to 0.75%.

The next rate announcement will be in September and another rise is likely according to analysts.

I’ve added some links below that may help you find the lowest mortgage rates possible for your own situation.

Click here to check on the major bank mortgage rates. These rates will be updated as necessary.

Click here to read my mortgage story and find out how my family is saving thousands in interest.