Mike Carson

Your local Sunshine Coast Realtor

Cell 604-740-1841

Office (24 hour pager) (888) 385-3295

Email: info@sunshinecoastland.com

INTEREST RATE HIKE

The Bank of Canada today raised its target interest rate by .25 percent, citing increased confidence in the Canadian economy.  Mortgage rates will no doubt follow suit very soon.  Read the full press release from the Bank of  Canada here:  http://www.cbc.ca/news/business/bank-canada-interest-rate-monetary-policy-1.4200814.

 

More in-depth analysis of the economy can be found in their Monetary Policiy Report press conference release, with a link to the report itself:  http://www.bankofcanada.ca/2017/07/opening-statement-120717/

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