Bank of Canada Interest Rate
April 21, 2009
0.25%*
June 4, 2009
0.25%
July 21, 2009
Next meeting date
Source: Bank of Canada
* Bank of Canada indicated it would keep interest rate at this level until June 2010
Bank Prime Lending Rate
April 22, 2009
2.25% ...
Posted by Constantine Isslamow
on July 2, 2009
The Bank carries out monetary policy by influencing short-term interest rates. It does this by raising and lowering the target for the overnight rate.
The overnight rate is the interest rate at which major financial institutions borrow and lend one-day (or "overnight") funds among themselves; the Bank sets a target level for that rate. This target for the overnight rate is often referred to as the ...
Posted by Constantine Isslamow
on June 30, 2009
Survey results show that during the past twelve months about one-quarter of all mortgage transactions were arranged through the mortgage broker channel. Most notably, broker share among first-time buyers has increased to 44%, up from 35% in 2007. Among other market segments broker share has remained stable. In particular, broker share among those renewing their mortgage continues be relatively stable ...
Posted by Constantine Isslamow
on June 18, 2009
Effective June 12, 2009
GET THE MORTGAGE THAT MEETS YOUR NEEDS
With unbiased advice, fast, flexible service, competitive rates, and access to many lending sources, I can make sure you get the mortgage that meets YOUR needs. Call me today and SAVE!
Posted Rate %
Best Rate %
1-year
...
Posted by Constantine Isslamow
on June 12, 2009
Effective June 10, 2009
GET THE MORTGAGE THAT MEETS YOUR NEEDS
With unbiased advice, fast, flexible service, competitive rates, and access to many lending sources, I can make sure you get the mortgage that meets YOUR needs. Call me today and SAVE!
Posted Rate %
Best Rate %
1-year
...
Posted by Constantine Isslamow
on June 10, 2009
Effective May 22, 2009
GET THE MORTGAGE THAT MEETS YOUR NEEDS
With unbiased advice, fast, flexible service, competitive rates, and access to many lending sources, I can make sure you get the mortgage that meets YOUR needs. Call me today and SAVE!
Posted Rate %
Best Rate %
1-year
...
Posted by Constantine Isslamow
on May 22, 2009
CENTUM CORE MORTGAGE RATES
Effective May 18, 2009
GET THE MORTGAGE THAT MEETS YOUR NEEDS
With unbiased advice, fast, flexible service, competitive rates, and access to many lending sources, I can make sure you get the mortgage that meets YOUR needs. Call me today and SAVE!
Posted Rate %
Best ...
Posted by Constantine Isslamow
on May 18, 2009
June Jell will never forget the time she and her husband John sat down with their agent and turned
mortgage insurance down flat. Six months later, he died suddenly of a heart attack at the age of 59,
leaving her struggling to keep up with house payments.
While she got back on her feet eventually, it wasn't without sacrifices along the way -- including the family
home.
Now she tells everyone ...
Posted by Constantine Isslamow
on May 9, 2009
CENTUM CORE MORTGAGE RATES
Effective May 4, 2009
GET THE MORTGAGE THAT MEETS YOUR NEEDS
With unbiased advice, fast, flexible service, competitive rates, and access to many lending sources, I can make sure you get the mortgage that meets YOUR needs. Call me today and SAVE!
Posted Rate %
Best ...
Posted by Constantine Isslamow
on May 4, 2009
Bank of Canada lowers overnight rate target by 1/4 percentage point to 1/4 per cent and, conditional on the inflation outlook, commits to hold current policy rate until the end of the second quarter of 2010
OTTAWA - The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of a percentage point to 1/4 per cent, which the Bank judges to be the ...
Posted by Constantine Isslamow
on April 23, 2009