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March 2022
Bank of Canada Raises Mortgage Rates
Posted on Mar 06, 2022 in
In the News
photo credits:
investmentexecutive.com
On March 2 2022, the Bank of Canada increased its
Overnight Lending Rate by 25 basis points
, the first increase we’ve seen since the start of the pandemic.
The Central Bank had previously slashed the trend-setting rate by 150 basis points to support the economy, when the pandemic first started, bringing rates d...
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