Money-market traders and many economists are suggesting that we will see another 1/2 point rate cut, after the modest Canadian jobs report last Friday, the U.S. Federal Reserve interest rate cut last Thursday and, the election result last Wednesday morning. This could be welcome news for anyone with an upcoming mortgage renewal and if you fit into this category, it would be a great time to start a conversation with your mortgage broker. Don’t have a broker/need a referral? Give us a shout or check out our service directory.
Another Rate Cut Anticipated?
This entry was posted in Buying and Selling, Home Finance.