Archive for bank of canada
Mortgage Rates Update
Posted by: | CommentsI’ve updated the mortgage rates pages to reflect the recent drop in most rates by the major banks. The RBC rates are not accurate at this time however.
The next Bank of Canada interest rate announcement is expected on September 8th. Check back then to see if there are any changes to the Canada prime rate.
I’ve written about what a great deal I got on my current mortgage and line of credit. I can thank my mortgage broker for that. I’ve been referring some Ontario residents to him but I now have another source for getting the absolute best rates. If you are looking for a new mortgage or have to renew one, please take a moment to check out RateSupermarket.ca at the following link: Mortgage rates
They offer an online application with links to both banks and mortgage brokers to get you the best available rate on the day you apply.
Tags: Canadian Mortgage Rates, mortgage rates, Bank of Canada interest rate announcement September 2010, current mortgage, bank of canadaCanada Prime Rate Up 0.25% Today
Posted by: | CommentsAs 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.
Click here to get a free online credit report and credit score with a credit monitoring trial offer.
Bank of Canada likely to raise prime rate Tuesday
Posted by: | CommentsAccording to a poll last week by Reuters, the Bank of Canada is likely to raise its overnight interest rate Tuesday by 0.25%. This will bring the Canada prime rate up to 0.75%.
Check back here tomorrow morning to get the latest interest rate increase news.
Now might be a good time to investigate how you could save on your mortgage. Click here to find out how my family is saving more than we thought possible.
Tags: canada prime rate today, canada prime rate, Bank of Canada interest rate announcement June 2010, interest rates, bank of canadaBank of Canada Interest Rate Announcement June 1
Posted by: | CommentsThe Bank of Canada has announced an increase of 0.25% in the Canada prime rate. The new interest rate is now 0.50%
This increase was widely anticipated and is the first interest rate increase in 3 years. Balancing growth and the possibility of inflation were two major factors to consider.
We’ ll follow up later today with any changes to mortgage rates from the TD, RBC and BMO.
Bank of Canada Prime Rate Announcement Expected Shortly
Posted by: | CommentsThe Bank of Canada will make an interest rate announcement in 20 minutes. After yesterday’s release of Gross domestic product growth that hasn’t been seen since 1999, it’s widely expected the prime rate will increase by 0.25%.
Tags: bank of canada prime rate, Canada Prime Rate Updates, bank of canada, canadian prime rate, interest rate, Bank of Canada Prime Rate todayBank of Canada Prime Rate Announcement Tomorrow
Posted by: | CommentsThe Bank of Canada will be releasing the June 1 Interest Rate Announcement tomorrow at 9:00 AM.
Most analysts believe a 25 point increase in the Canada prime rate will be announced by Bank of Canada governor Mark Carney.
Check back here tomorrow morning for the announcement.
Now might be a good time to check up on your credit report. To get your Free TransUnion Credit Report and Score , click here for more details.
Tags: Bank of Canada rate June 2010, Canada Prime Rate Updates, bank of canada, prime rate canada, interest rate, bank of canada prime rate, bank of canada governor, bank of Canada announcement
