Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Bank of Canada increases Bank Rate to 4.50% and banks follow. Prime now 6.25%

llama64 · 07-10-2007, 01:22 PM

Aww great, and just when I thought I'd gotten a handle on my student loan payments... Any increase is bad news for people who are trying to meet payments on a month to month basis. But seeing as I will be in the housing market in about 2 years, any slowdown would be nice.

I doubt we will see the Eighties return, but I do think Calgary and Alberta in general is in for a bit of a re-adjustment.

07-10-2007, 01:22 PM	#12
llama64 First Line Centre Join Date: Nov 2006 Location: /dev/null Exp:	Aww great, and just when I thought I'd gotten a handle on my student loan payments... Any increase is bad news for people who are trying to meet payments on a month to month basis. But seeing as I will be in the housing market in about 2 years, any slowdown would be nice. I doubt we will see the Eighties return, but I do think Calgary and Alberta in general is in for a bit of a re-adjustment.