Monday, December 7, 2009

Next Bank of Canada Meeting

The Bank of Canada is set to meet tomorrow to have their last meeting of 2009 regarding interest rates.

It is widely held that there will be no movement from the current overnight rate of 0.25% and therefore that the prime rate will also stay at 2.25%.

Stay tuned to The Your Mortgage Matters Blog for all the details tomorrow morning. For a full report on current interest rates, make sure you check with a licensed mortgage broker.

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