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bank rates: Weekly Mortgage Rate Adviser from Shelley Black and Mortgage Alliance - June 4th, 2010 - 06/04/10 07:15 AM

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bank rates: Weekly Mortgage Rate Adviser from Shelley Black and Mortgage Alliance - May29th, 2010 - 05/29/10 03:23 AM

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bank rates: :: Canadian Lending Rates Cut again in January :: - 01/22/08 04:23 AM

The Bank of Canada cut its benchmark overnight lending rate to four per cent on January 22nd, and raised chances for further cuts in the near future. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, now stands at 4¼ per cent.
Fallout from the subprime lending meltdown in the U.S. caused the Bank to slash its forecast for economic growth and inflation. Assessing the Canadian economy, it said the domestic economy will remain strong but a high Canadian dollar will undercut exports and overall economic growth.
“The subprime lending meltdown is putting upward pressure … (4 comments)

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