Mortgage-holders, savers and GIC investors, it’s time to change your thinking on interest rates
The seventh and final Bank of Canada interest rate hike of 2022 overshadows some encouraging news for people with a mortgage coming up for renewal. Fixed-rate mortgage costs take their cue from what’s happening in the bond market, where the prevailing view is that we’ve seen the worst with…
#bankofcanada #heloc #bankofcanadas #gic #ericaalini
