July 2nd, 2019 Mortgage Industry Update
The Bank of Canada announced on May 29th that it's overnight lending rate will remain at 1.75%. The prime rate remains 3.95%. The common prediction currently stands that the Bank of Canada will likely keep rates consistent for the remainder of 2019.
Additionally this week:- Better Dwelling: Housing data between January 2000 and March 2019 reveals that Vancouver’s home prices grew 316%; more than major US cities - New York City, Los Angeles, San Francisco, Seattle. Toronto ...
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