Mortgage Advice, Mortgages
Mortgage News: Bank of Canada Cuts Interest Rates in June 2024 Update
On June 5, 2024, the Bank of Canada (BoC) announced a slight but significant cut to its benchmark interest rate, reducing it by 0.25% to 4.75%. This is the very first cut since the early days of the pandemic, which can be a potential turning point in the country’s fight against inflation. Several factors contributed […]
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