In its latest press release, Canada’s central bank announced it would be holding its key interest rate at 1.25%. Mortgage rates are bound to increase in the near future, but policy makers are wary of the strong impact of rising interest rates and stress tests on property prices and access to homeownership.
The post Bank of <b>Canada</b> Key Interest Rate Update: April 2018 appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/bank-of-canada-key-interest-rate-update-april-2018/
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