Banks Cut Prime Lending Rate

Yesterday Canada's major banks and some lenders reduced their prime lending rate from 3% to 2.85%.

While they haven't passed along the full 0.25% reduction the Bank of Canada announced last week, it's a start.

http://business.financialpost.com/2015/01/27/rbc-cuts-prime-lending-rate-to-2-85-from-3-after-surprise-bank-of-canada-cut/

Brandi Yeomans

Brandi Yeomans

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CENTURY 21 B.J. Roth Realty Ltd., Brokerage*
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