BREAKING Bank of Canada cuts again - to 0.25% - March 27
Breaking News
Bank of Canada cuts another 0.50% off of their policy rate this morning. Bank of Canada Cuts Rate to 0.25% - Emergency Move The million dollar question this time is, will lenders extend the drop to consumers and lower Prime from 2.95% to 2.45%? |
Great News for variable rate mortgage holders... RBC, TD have dropped 0.50% so the Prime rate is 2.45% (RBC) and 2.60% (TD).
TD has 2 Prime rates and their Mortgage Prime is 2.60% and the bank Prime is 2.45% |
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