Bank of Canada Raises Benchmark Interest Rate To 1.5%

Dan Caird - Mortgage Agent, Level 2

Dominion Lending

dan@dancaird.com
(905) 213-1475
http://www.dancaird.com/

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Interest Rate Hike!

The Bank of Canada raised the benchmark interest rate to 1.5% today, signalling more hikes are on the way. 

If you have a Home Equity Line Of Credit (HELOC), or variable rate mortgage (or any loan tied to the bank's prime rate), this will effect you.

Are you curious how this will impact you? Let's chat - reach out to me today!

Read the full article HERE



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