Mortgage rate update

The Bank of Canada announced it is keeping its target for the overnight rate stable, at 0.25%. This is the effective lower limit of the overnight rate.

The Bank of Canada announced it is keeping its target for the overnight rate stable, at 0.25%. This is the effective lower limit of the overnight rate.

The Bank of Canada announced it is keeping its target for the overnight rate stable, at 0.25%. This is the effective lower limit of the overnight rate.

The Bank of Canada today announced it is keeping its target for the overnight rate stable, at 0.25%. This is the effective lower limit of the overight rate.

The Bank of Canada today announced that it is keeping its target for the overnight rate stable, at 0.25%

The Bank of Canada today (March 13 2020) announced that it is lowering its target for the overnight rate by 0.50%, to 1.25%.