Interest Rate Change

Today the Bank of Canada lowered its overnight borrowing rate from a 4 year low of 1% to .75%. So it will cost less to borrow for now and they have expressed concern with household debt and a softening of the housing market in some of our larger markets. For the average person, this could lead to lower mortgage rates, which is a good thing. If you do desire to buy a house, start looking now and let me help you by bringing the resources I have to work on your behalf.

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Randy Stevenson

Randy Stevenson

CENTURY 21 Acclaim Realty Limited
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