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Canadian Prime Rate Remains Unchanged at 2.25%

OTTAWA - December 8, 2009: The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.

This means that the Prime Rate remains unchanged at 2.25%.

The Bank of Canada reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010.

The next scheduled date for announcing the overnight rate target is January 19, 2010.

Source: Bank of Canada website
 

Mortgage Broker in Toronto

Buying a home is an important financial decision. If you reside in a more expensive area of the country, such as the Greater Toronto Area (GTA), buying a home might actually be the biggest financial investment you will ever make.

For financial advice on such an important investment, it is essential that you obtain advice from an experienced and knowledgeable Mortgage Broker.

Over 10 Years of Banking Experience

With over 10 years of banking experience, I am pleased to offer you expert advice, professional service and creative solutions to meet all your mortgage and financing needs. And let’s not forget, the lowest rates offered on the market.

Working as a Mortgage Broker in Toronto, I hold a working relationship with several financial institutions, and shop the market on your behalf for the lowest rates and best products, based on your unique mortgage needs.

Lowest Mortgage Rates

To access our lowest mortgage rates or learn more about different types of mortgage products and solutions, please feel free to check out the rest of my website or contact me directly. I look forward to meeting with you.

Yours truly,
Tino Brelak, M.B.A.
Mortgage Broker in Toronto
Brokerage License # 11054
Agent License # M08005073


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