April 22, 2007 - Bank of Canada drops the overnight rate by .50%.
None of the lenders have reacted by lowering their mortgage rates yet but as soon as I see somes changes by the mortgage lenders I'll post the mortgage rate updates.
Here is the link to the Bank of Canada press release regarding the rate drop.
This is the best time to be pre-approved for a mortgage that we've seen in a long time. Give me a call at 604-764-6336.
Tuesday, April 22, 2008
Bank of Canada Drops Rates By .50%
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