Marilee Pott, AMP
Want someone who is looking out for your best interests? I work hard for you to find the best products and services to suit your mortgage needs. Whether it be to purchase a new home or cottage, a rental property, or to refinance your existing home, I will put my expertise to work for you! Finding a mortgage that best suits your needs and situation can be time consuming, with access to over 30 mortgage lenders, I will ensure you get the best, unbiased mortgage p...
Bank of Canada keeps interest rate at 1%
Date Posted: December 4, 2013
Bank of Canada Governor Stephen Poloz announced that the benchmark interest rate would once again be kept at the record setting low it has been since September of 2010. This latest announcement seems to be a sign to economists that Canada's central bank is leaning towards cutting, rather than raising rates.
In a statement following Wednesday's announcement, the central bank is quoted as saying "The bank continues to expect a soft landing in the housing market".