10 Feb

Market Comment

General

Posted by:

The bond rate has risen by 25 basis points since the start of the month. Lender’s started moving their rates up on Tuesday. 5 year rates are now in the low 4% range.

  

Bank prime is at 3.00%

 

The next meeting of the Bank of Canada is on March 1st, 2011  

P.S. If you, your family, or co-workers require guidance on current market trends, please call us, we are always available to help.