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Dominion Lending Centres Valko Financial
13047

Aneta Zimnicki, P.Eng.

Mortgage Agent

  • aneta@MyInvestmentSherpa.com
  • Tel: 416-301-8070
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Month: September 2020

9 Sep

Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing

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Posted by: Aneta Zimnicki

Bank of Canada maintains the rate steady. This means your variable rate mortgage remains unchanged. States that it will hold rate at the effective lower bound, until economic slack is absorbed and the inflation target is sustainably achieved. Sounds like rate is not going anywhere.

Next scheduled announcement is Oct 28.

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    • Benefits of Using a Mortgage Professional
    • How Much Does it Cost
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    • Home Equity
    • Mortgage Life Insurance
    • Apply Now
    • Current Rates
  • Home Purchase
    • Home Purchase Overview
    • Mortgage Pre-Approval
    • Fixed Rate vs. Variable Rate
    • Understanding your Credit Report
    • Determine the Right Term
    • Pay Off Your Mortgage Faster
    • Self-Employed Solutions
    • Home Purchase Calculators
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    • Refinance Calculators
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Aneta Zimnicki, P.Eng.

Mortgage Agent

3250 Bloor Street West
Toronto, ON
M8X 2X9, Canada

Email: aneta@MyInvestmentSherpa.com
Tel: 416-301-8070

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