Bank of Canada cuts benchmark mortgage rate for 3rd time in months

Author: External Author | | Categories: Bad Credit Mortgage , Commercial Mortgage , Construction Finance , Mortgage after Bankruptcy , Mortgage Calculator , Mortgage Renewal , Mortgage Services , Private Mortgage , Refinance Mortgage , Second Mortgage

Construction Finance Surrey BC

House-hunting Canadians saw their buying power increase this week as the benchmark five-year mortgage rate reported by the Bank of Canada fell for the third time this year, easing a key stress test faced by borrowers.

Read More

Original Article Source Credits: Global News ,

Article Written By: Tara Deschamps 

Original Article Posted on: August 13, 2020

Link to Original Article: