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MillerTime GFG · 07-12-2017, 11:52 AM

Confirmed: Bank of Canada announces overnight rate to go up a quarter percent to 0.75%. Should see lenders start to react tomorrow by raising their prime rates the same amount.

http://www.bankofcanada.ca/2017/07/f...se-2017-07-12/

If you have a variable rate mortgage or HELOC, you can expect your interest rate to go up shortly. Let me know if you have any questions.

Greg

07-12-2017, 11:52 AM	#200
MillerTime GFG First Line Centre Join Date: Feb 2010 Location: Mckenzie Towne Exp:	Confirmed: Bank of Canada announces overnight rate to go up a quarter percent to 0.75%. Should see lenders start to react tomorrow by raising their prime rates the same amount. http://www.bankofcanada.ca/2017/07/f...se-2017-07-12/ If you have a variable rate mortgage or HELOC, you can expect your interest rate to go up shortly. Let me know if you have any questions. Greg Last edited by MillerTime GFG; 07-12-2017 at 12:04 PM.