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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
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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