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.
 

There are no comments

Thank you! Your comment has been submitted and is awaiting approval.

Raj Sandhu

Raj Sandhu

REALTORĀ®
CENTURY 21 People's Choice Realty Inc., Brokerage*
Contact Me