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CAD Interest Rate Statement Today (Rate cut from 4.5% to 4.25%)Good news for all the variable mortgage
评论
回复: CAD Interest Rate Statement Today (Rate cute from 4.5% to 4.25%)It means also the Primary Rate down from 6.25% to 6%.If you use the variable mortgage Primary - 1%, your mortgage rate will go down to 5%
“We now expect that the Bank of Canada will need to cut its policy rate by 25 basis points on each of its next four decision dates through April,” said Ted Carmichael, chief economist at J.P. Morgan Securities Canada on Friday. That would bring the rate to 3.5 per cent from the current 4.5 per cent.评论
回复: CAD Interest Rate Statement Today (Rate cute from 4.5% to 4.25%)It will be significantly to affect the house priceIf Bank of Canada cute 25 basis points on each of its next four decision dates.And it's unbelivable to put mortgage rate as low as 4% .
评论
回复: CAD Interest Rate Statement Today (Rate cute from 4.5% to 4.25%)老大，咱们来组织个炒房团。
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