Bank Rates - Lock In A Fixed Rate On Your Mortgages - And; Figure Out How To Pay Them Off Faster

"i warned people of this.
Here is is. the latest Interest rate increase from Sept. 06th, 2022 and more to come.

"The Bank of Canada has to do something about inflation; however, it is the only tool the government is using, and it’s going to hit many like a wrecking ball.

On Wednesday, the bank announced its latest interest rate hike of 75 basis points , taking the overnight rate from 2.5% to 3.25%.

Bank officials also promised more hikes in the months to come."

@spiritinrising

https://www.msn.com/en-ca/money/top...ation/ar-AA11zRE9?ocid=mailsignout&li=AAggFp5

LILLEY: Trudeau punishes home owners rather than cut spending to fight inflation
The Bank of Canada has to do something about inflation; however, it is the only tool the government is using, and it’s going to hit many like a wrecking ball.