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Impact Of Rate Changes On Mortgage Industry. When the policy rate decreases, variable-rate mortgage interest rates follow ...
BMO’s prime rate was lowered to 4.95% on March 13, 2025, following the latest Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products, like ...
Much like the stock market, the bond market has been on a roller coaster over the last week, and mortgage rates are along for ...
Pricing for fixed mortgage rates come from bonds – and bond yields have reacted to the latest tariff news by plunging to lows ...