The Bank of Canada (BOC) met again yesterday

and as was expected they left rates unchanged for yet another month so there is not much new this month.  It is still expected that they will not raise rates until at least the end of the 2nd quarter of 2010.

Fixed rates have not moved much since last month.  We are still seeing 5 year fixed terms in the 3.99-4.09% range.

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Rania Agha-Alshurafa

Rania Agha-Alshurafa

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