News Roundup, Wednesday Aug 7, 2024
The Bank of Canada, based on recent minutes from a July 24 governing council meeting, is less concerned that rate cuts will cause housing prices to increase.
This is good new for anybody looking to refinance this year, as Bank of Canada Governor Tiff Macklem to cut rates at least once, if not twice, before the end of the year.
Interestingly, BMO and CIBC …
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