How Interest Rates Are Set | Bank Of Canada Prime Rate Explained

Описание: Do you have a variable loan? This can be anything from a variable line of credit to a variable mortgage.

In this episode of The Mortgage Minute, Ehren Laycock provides an analysis of how the Canadian prime rate fluctuates, how it is controlled through the Bank Of Canada, and how this fluctuation has a large effect on your personal lines of credit and even mortgages.

Did you get value and enjoy this video?
Have any questions for us? Want to see more videos like this?
Make sure to hit that like button and leave us a comment down below with any questions you may have!

Follow The Findlay Mortgage Team on Social Media:
Facebook -   / findlaymortgages  
Instagram -   / thefindlayteam  
Website - https://www.findlaymortgage.com/

Broker Lic # 13337

#Mortgages #FinancingRealEstate #CanadianRealEstate