Let's start with the recent Bank of Canada announcement. Based on strong business and export growth, the Bank of Canada raised its overnight rate to 1.50% on July 11th. Canadian Banks responded by increasing their prime rate by 0.25%.
The post Market Update: What the Bank of Canada Interest Rate Hike Means for Homeowners in Vancouver appeared first on Team RRP.
from Team RRP https://ift.tt/2JS4GCV
No comments:
Post a Comment