Bank of Canada cuts benchmark mortgage rate for 3rd time in months

Author: External Author | | Categories: CHIP Reverse Mortgage , First Time Home Buyer Mortgage , HELOC Mortgage , Home Equity Mortgage , Home Loan Mortgage , Mortgage Broker , Mortgage Pre Approval , Mortgage Professional , Mortgage Renewal , Mortgage Services , Mortgage Specialist , Refinance Mortgage , Residential Mortgages , Self Employed Mortgage

Blog by Raj Gera - Dominion Lending Centres

House-hunting Canadians saw their buying power increase this week as the benchmark five-year mortgage rate reported by the Bank of Canada fell for the third time this year, easing a key stress test faced by borrowers.

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Original Article Source Credits: Global news ,

Article Written By: Tara Deschamps

Original Article Posted on:  August 13, 2020

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