Fixed vs Variable – What to do?

It’s been approximately 24 hours since the most recent Bank of Canada Prime rate increase announcement. As expected on October 24th the Bank of Canada increased their overnight rate up by 0.25% to 1.75%. Bank Prime was previously sitting at 3.70%. With this most recent increase Prime rate is now 3.95%. WHAT does the CRYSTAL BALL [...]

2019-08-19T22:06:42-06:00October 25th, 2018|