Types of Mortgages in Ontario
September 29, 2021We are hiring!
August 17, 2022In 1973-1979 oil prices climbed creating major inflation, this caused the Bank of Canada and the US to over react.
The Bank of Canada prime hit 21% in 1981.
Bank prime hit 22.75%
Our current prime is 4.70%. Many say there will be another increase before rates may ease.