BAP Blog Bank of Canada raises interest rates again - Real Estate Market in London Ontario may cool
Bank of Canada raises interest rates again - Real Estate Market in London Ontario may cool
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September 8, 2010, by Kathy Mendham-meathrel

The Bank of Canada raised interests rates for the 3rd time this year today. the key lending rate is now 1%. This means an immediate hit to the pocket book for London Ontario home owners with variable rate mortgages, and will make it more expensive for Londoners looking to buy a new home.

If you want to ask questions to a real estate agent in London Ontario feel free to contact me directly.

Kathy Mendham-Meathrel

7-515 Wellington Road South

London Ontario

N6C 4R3

(519) 649-6900

 

Sales Representative

Realty Executives Elite Ltd. Brokerage

London Ontario Real Estate Agents


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