Posted Vs Prime Rate – October 1973 to May 2017
Comparison graph of the average posted versus prime rate over the past 40 years based on Bank of Canada, Data and Statistics office.
Comparison graph of the average posted versus prime rate over the past 40 years based on Bank of Canada, Data and Statistics office.
In this post we discuss why you should care about what is going on at the Bank of Canada, and how it might relate to your search to buy a home.
What does “prime rate” even mean? In this post, we define “prime rate” in Canada and talk about what that means for home buyers.