Key Interest Rate

The Bank of Canada cut its key interest rate by a quarter of a percentage point to 0.5 per cent . How would this affect the Homeowners, and potential purchasers?

It may look attractive in short term but  looking at a big picture, In my opinion it will promote more borrowing, which will invariably add to the existing bubble.

To discuss how it will affect your selling or buying decision, please contact me.

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Raj Sandhu

Raj Sandhu

CENTURY 21 People's Choice Realty Inc., Brokerage*
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