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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • May 29, 2019
  • /
  • Newsworthy

The Bank of Canada has decided not to increase the overnight rate today. Prime will remain at 3.95%. The next scheduled date for announcing the overnight rate target is July 10, 2019. Press release  

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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • April 24, 2019
  • /
  • Newsworthy

The Bank of Canada has decided not to increase the overnight rate today. Prime will remain at 3.95%. The next scheduled date for announcing the overnight rate target is May 29, 2019. Press release  

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A little help for First Time Home Buyers and Relationship Breakdowns is coming…

  • March 21, 2019
  • /
  • Newsworthy

New changes are coming for First Time Home Buyers and it looks like the Canada Mortgage and Housing Corporation(CMHC) is leading the way. Here is a sneak peak at what is being discussed and what may be implemented in the…

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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • March 6, 2019
  • /
  • Newsworthy

The Bank of Canada has decided not to increase the overnight rate today. Prime will remain at 3.95%. The next scheduled date for announcing the overnight rate target is April 24, 2019. Press release  

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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • January 9, 2019
  • /
  • Newsworthy

The Bank of Canada has decided not to increase the overnight rate today. Prime will remain at 3.95%. The next scheduled date for announcing the overnight rate target is March 6, 2019. Press release  

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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • December 5, 2018
  • /
  • Newsworthy

The Bank of Canada has decided not to increase the overnight rate today. Prime will remain at 3.95%. The next scheduled date for announcing the overnight rate target is January 9, 2019. Press release  

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Bank of Canada increases overnight rate, Prime will rise to 3.95%

  • October 24, 2018
  • /
  • Newsworthy

The Bank of Canada has decided to increase the overnight rate today. Prime will now increase to 3.95%, up from 3.70%. The next scheduled date for announcing the overnight rate target is December 5, 2018. Press release  

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Bank of Canada maintains overnight rate, Prime will remain at 3.70%

  • September 5, 2018
  • /
  • Newsworthy

Great news for all the variable rate mortgage holders. The Bank of Canada announced this morning that they will not raise the overnight rate which means Prime will remain at 3.70%. You can start your happy dance now. The next…

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Bank of Canada increases overnight rate, Prime will rise to 3.70%

  • July 11, 2018
  • /
  • Newsworthy

The Bank of Canada has decided to increase the overnight rate today. Prime will now increase to 3.70%, up from 3.45%. The next scheduled date for announcing the overnight rate target is September 5, 2018. Press release  

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Bank of Canada maintains overnight rate, Prime will remain at 3.45%

  • May 30, 2018
  • /
  • Newsworthy

Great news for all the variable rate mortgage holders. The Bank of Canada announced this morning that they will not raise the overnight rate which means Prime will remain at 3.45%. You can start your happy dance now. The next…

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mortgagesbycraig.com

6 days ago

mortgagesbycraig.com
Bank of Canada today did not change the overnight lending rate. Prime will remain at 4.45%www.mortgagesbycraig.com/bank-canada-maintains-overnight-rate-prime-will-stay-04-29-26/ ... See MoreSee Less

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mortgagesbycraig.com

3 weeks ago

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mortgagesbycraig.com

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Wishing you and your family a safe and happy Easter weekend! ... See MoreSee Less

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mortgagesbycraig.com

1 month ago

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Unless you are a professional rider trying to get a great photo there is no reason to look back. This applies to your business and your personal life. What happened yesterday or last year can’t be changed and dwelling on what happened only takes time and focus away from what you are doing today.Focus forward and be happier.wecreatehappiness.ca ... See MoreSee Less

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mortgagesbycraig.com

1 month ago

mortgagesbycraig.com
I noticed an American mortgage broker, Chris Smith, discussing a situation that applies to us north of the border. Certainly worth sharing, here is what he said…Everyone is waiting for 3% rates, however here’s what actually happens when they drop.- Demand explodes overnight- Inventory disappears- Bidding wars return- You end up paying $75,000 or more for the same propertyThe better play would be to buy now in a buyers market at 4%, and if rates fall, refinance mid term or re-address at maturity. Unlike the fully amortized 30yr mortgages available in the USA, us Canadians have a little more flexibility with being able to shop our mortgage after the smaller 5, 4 or 3 year term. ... See MoreSee Less

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