Why did rates change? A brief explanation on why mortgage rates change despite the Bank of Canada not making any changes. This originally aired on the weekly telecast of Radio Real Estate Show on Talk AM1410 in Vancouver.
Term | Bank Rate | Our Rate |
1 Year | 7.74 % | 5.04 % |
2 Year | 7.34 % | 4.79 % |
3 Year | 6.94 % | 4.39 % |
4 Year | 6.74 % | 4.39 % |
5 Year | 6.79 % | 3.99 % |
7 Year | 7.10 % | 4.94 % |
10 Year | 7.25 % | 5.19 % |
Why did rates change? A brief explanation on why mortgage rates change despite the Bank of Canada not making any changes. This originally aired on the weekly telecast of Radio Real Estate Show on Talk AM1410 in Vancouver.