Bank Rates are Down, but Up?
Stay updated on the October 2008 bank rates. Find out about the recent drop and its impact on your finances.
Interest rates set by the bank of Canada
Stay updated on the October 2008 bank rates. Find out about the recent drop and its impact on your finances.
Bank of Canada, today announced no changes in their overnight rates, which stands to reason. The exact reason given was: OTTAWA – The Bank of Canada today announced that it is maintaining its target for… Read More »Canadian Bank Rates are Unchanged
That is what Stats Canada says, which is not surprising, but the fact that it was only 2.2% amazes me a little. In 2006 the CPI was 2.0% so this is not a large jump… Read More »Last Year’s Inflation Officially 2.2%
In 2008 the Bank of Canada thought 3% was a low rate, however we learned mortgage and interest rates went much lower.
Now that we have figured out how to track our Mortgage using this Mortgage Work Sheet with Excel (download of an excel s/s) , we can now start doing some interesting tricks to see what we… Read More »Mortgage Over Paying