Friday, 29 May, 2020

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Canadian Borrowing Rates Are Officially Below Last Year’s Levels


Canadian lenders are scrambling to reboot slowing credit growth, by lowering rates. Bank of Canada (BoC) numbers show the household effective interest rate made a decline on July 26. Rates are sinking this year, recently making the first 12-month decline in 2 years. Even though rates are lower, they are still higher than they were […]

The post Canadian Borrowing Rates Are Officially Below Last Year’s Levels appeared first on Better Dwelling.