Thread: Mortgage Rates
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Old 03-10-2020, 08:32 PM   #122
calgarygeologist
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My mortgage providers have both cut their prime rates to 3.45%. I read an article that talked about future BOC rate cuts and the consensus seems to be that by this summer the lending rate could be down to 0.5% or even zero. If it managed to get to zero what would the prime rate at banks look like? 2%?
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