Thread: Bank of Canada increases Bank Rate to 4.50% and banks follow. Prime now 6.25%
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Old 07-10-2007, 04:03 PM   #13
Bill Bumface
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Quote:
Originally Posted by calf View Post
I'm sure glad I pre-qualified a mortgage & locked into an interest rate 2 weeks ago.
Except your rate will be higher than those floating even after the increase.
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