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Canada’s big banks cut 5-year mortgage rates 0.10% to 0.16% today thanks to falling bond rates. Their average posted mortgage rate is now 6.49%.
CBC says most economists predict no change in rates by the Bank of Canada until at least the summer.
Canada’s big banks cut 5-year mortgage rates 0.10% to 0.16% today thanks to falling bond rates. Their average posted mortgage rate is now 6.49%.
CBC says most economists predict no change in rates by the Bank of Canada until at least the summer.
