Interest Rates
admin April 8th, 2011
Despite the fact that the European Central Bank has decided to raise the prime interest rates in Europe, Canada will not be doing anything to change the prime rate here for now. For one thing, the bank does not want to be seen as having any kind of impact on the outcome of the upcoming Federal election. Secondly, they feel that we are still coming out of the recession and things are still a little fragile; therefore, they don’t want to jeopardize that in any way either.
If you are in need of financial information or want to do some creative financing for renovations, additions or changing residence, please call me and I will provide the resources so you can make an informed decision.
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