Monday, September 03, 2018

Bank of Canada Raised the prime lending rate to 1.5% on July 12, 2018

As of July 12, 2018 the Bank of Canada Raised the prime lending rate to 1.5%

The major banks and lenders in Canada soon followed and increased their prime rate charged to their customers by 25 basis points to 3.70 per cent from 3.45 per cent, effective July 12, 2018



I hope this finds you Happy and Healthy!
All the Best!
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987

BUS 905-828-3434
FAX 905-828-2829  CELL 416-520-1577
mark@mississauga4sale.com

Mississauga4Sale.com