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Old 03-27-2020, 09:00 AM
Mortgage Made Easy Mortgage Made Easy is offline
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Default 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%?
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Tim
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Old 03-28-2020, 09:23 AM
Mortgage Made Easy Mortgage Made Easy is offline
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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%
__________________
Thanks,
Tim
403-648-1541
Mortgage. Made Easy Experts
Mortgage Connection
www.timlacroix.com
forums@timlacroix.com

Click here to View current Mortgage Rates

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