Author Archives: Penelope Graham
Bank Of Canada Hikes Rate: How Does This Affect Borrowers?
This guest post is written by Penelope Graham of Zoocasa. In what is great news for the economy – but not so much for borrowers – the Bank of Canada (BoC) has opted to hike its trend-setting Overnight Lending Rate, a… Read More
The Bank of Canada Left September Interest Rate Unchanged: What Does That Mean for Borrowers?
This post is guest written by Penelope Graham of Zoocasa. Good news for borrowers of floating-rate mortgages: The Bank of Canada (BoC), our nation’s central bank, has left its trend-setting Overnight Lending Rate at 1.5% for the month of September, meaning your… Read More