Serving clients throughout Ontario, Canada. Home Purchase financing, Mortgage Renewals, Mortgage Refinancing, Debt Consolidation and more.
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The Bank of Canada cut its lending rate today by half point to 0.50%, the lowest level ever. The decrease was inline with most economists expectations. Various Canadian Banks followed this announcement by cutting their Prime Rate by 0.50% to 2.50%. The Bank of Canada also stated that its latest p...