Bank of Canada will continue with the overnight rate of .25% for another four months.
Bank Prime 2.25%.
http://www.cbc.ca/money/story/2010/03/02/interest-rate-decision-bank-of-canada.html
Fixed rates remain steady at 3.64%* for a 5yr term.
New mortgage rules to take effect starting April 19th 2010. What does that mean to you?
here is a link for your review.
http://www.cbc.ca/canada/story/2010/02/16/mortgage-flaherty.html
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