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    • Bank of Canada maintains commitment
    • 20OCT
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      Bank of Canada maintains commitment

      The Bank of Canada today kept the key lending rate at 0.25% as forecasted. However, more importantly it continues to maintain its conditional commitment that they will not raise rates until the second quarter of 2010. This is welcome news to everyone in variable rate mortgages or have outstanding amounts in their lines of credit.

      • Posted by Wayne Mah
      • Bank of Canada
      • Mortgage Rates
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    Wayne Mah, A.M.P.

    wayne@citywidemortgage.ca
    T: 604-880-1899
    F: 604-257-2605

    Contact Info

    • 103-1245 West Broadway
      604-257-2600
    • Vancouver, BC
    • V6H 1G7

    cwf@citywidemortgage.ca

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