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The Bank of Canada maintains overnight rate at 1%, inflation is at 1.2%, ergo, interest rates should remain low for the foreseeable future. Several analysts view the odds of an increase in borrowing costs in the near future is zero. … Continue reading
The Bank of Canada keeps interest rates at 1% which has remained the same for 2 years, marking the longest period of unchanged rates since the 1950s.
Here’s an interesting read about Mortgage Brokers vs. Mortgage Specialists . Definitely have a read before you re-finance your mortgage.