Blog & News: Vancouver Real Estate Market

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Posted in Bank of Canada, BC housing market, BCREA, Canada mortgage rates, Credit markets, Effective lower bound, Financial plan, Funding, Interest rate, Interest rate change, Market statistics, Market update, mortgage payments, Programs, Reduction in rates, Short-term funding market

The Bank of Canada has lowered its overnight policy rate for the second time this month, taking the rate down a further 50 basis points to 0.25%. This is what the Bank considers as its effective lower bound...

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