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Bank of Canada announces interest rate decision

External Author | Feb 19, 2020

Mortgage Agents in High River

The Bank of Canada (BoC) announced today that it’s maintaining the overnight rate at 1.75%.The Bank Rate is correspondingly 2% and the deposit rate is 1.5%. The BoC has maintained the current overnight rate October of 2018, when it was raised from 1.5%.

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Original Article Source Credits: mortgage broker news, https://www.mortgagebrokernews.ca/

Article Written By Kimberly Greene

Original Article Posted on : 22 Jan 2020

Link to Original Article: https://www.mortgagebrokernews.ca/news/bank-of-canada-announces-interest-rate-decision-325297.aspx

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Copyright © 2021
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Powered By Webware.io
  • Home
  • About Us
  • Services
    • Services
    • Mortgage Refinance
    • New to Canada Mortgage
    • First Time Home Buyer Mortgage
    • New Construction Mortgage
    • Mortgage Renewal
    • Purchase Mortgage
  • Service Areas
    • Service Areas
    • High River
    • Okotoks
    • Black Diamond
    • Turner Valley
    • Calgary
  • FAQ
  • Apply Online
  • Mortgage Calculators
  • Blog
  • Contact Us