Bank Rate

Good news for those watching their mortgage rates.  The Bank lending rate here in Canada rate remains at 3 percent.   The lending rate in this country is reported by the Bank of Canada.  According to the web site Trading Economincs, rates have fluctuated over the years from a low of 2.3% in April 2009 to a high of 22.8% in August 1981.

David Craven

David Craven

Sales Representative
CENTURY 21 Reynard Real Estate Ltd., Brokerage*
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