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.
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10
Feb
Market Comment
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