Wednesday, March 02, 2011

Bank of Canada keeping the prime rate fixed at 1%

The Bank of Canada announced today that they are keeping the prime rate fixed at 1%

This means that consumers can still expect to get 3% prime rate at their major banks.

This is good news for those with loans and mortgages and indicates that our economy continues to be healthy.


Toronto Real Estate Board (TREB) Average Prices and GraphFor more information please contact A. Mark ArgentinoA. Mark Argentino, Broker, P.Eng.,Specializing in Residential & Investment Real EstateRE/MAX Realty Specialists Inc., Brokerage2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1BUS. 905-828-3434FAX. 905-828-2829E-MAIL: mark@mississauga4sale.comWebsite: Mississauga4Sale.com

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