Bank of Canada Benchmark Rate Drop!

SMP: Theresa’s Soap Box – Bank of Canada Benchmark Rate Drop

Welcome to the Sutton Member Program booth at the Sutton National Conference in Las Vegas at The Mirage!

I just wanted to invite you here and give you a glimpse of what we’re doing with Finder Financial Services. We’ll put clips of the different booths that are going on. There’s lots of fun to be had and it’s really interesting!

Today we have some mortgage news for you guys. The benchmark rate in Canada, the Bank of Canada benchmark rate, should be dropping down to 5.19%. That’s a drop from 5.39% down to 5.19% which is quite a big difference. For those of you qualifying for mortgages and you have a smaller down payment, you could actually qualify for a larger mortgage right now.

If you would like more information, give us a call at 1-866-924-5244.

This entry was posted in Best Rates, General, Mortgages Canada, Rates. Bookmark the permalink.

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