Edmonton mortgage blog

What Does the Bank of Canada Rate Increase Mean for Your Mortgage?

By Jason Scott · Published June 3, 2022

It happened! The Bank of Canada increased its key lending rate by half a percent on Wednesday. Here’s what an interest rate increase means for you as a homeowner with a mortgage:

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Looking for a personalized mortgage solution? As an Edmonton Mortgage Associate, I’ll be your trusted partner who will help you get the right mortgage for your family home or Investment property. I’m Jason Scott, and I’ll be your Mortgage Broker Edmonton.

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