As expected The Bank of Canada has raised the overnight rate target another 0.25% up to 0.75%. In turn the Banks have raised the Prime Lending Rate up to 2.75%. Fixed rates have not moved at all yet but the variable rates are of course going up the 0.25%. We still have lots of discounted rates you can view our current rates here.
 
250.572.0762 - jamie@stewartmortgage.ca