Another 0.25% interest rate raise

[只在乎曾经拥有]

Bank of Canada today raised overnight rate target by 1/4 percentage point to 3 3/4 per cent.

The major banks accordingly announced an increase of one quarter of one per cent in its Canadian dollar prime lending rate. The new rate is 5.50 per cent, effective March 8, 2006.

 

[Victoria]

房 价 降 了 ， interest 就 高 ， interest 低 的 时 候 房 价 又 贵 。 。 。 总 之 ， 不 是 favor buyer 啦 。 。 。

 

[Trusted]

it is the best time to buy a house when interest is high.

 

[TXK]

最初由 Trusted 发布
it is the best time to buy a house when interest is high.

Yes, only if you pay cash, no borrowing (you get lower housing prices), and do not expect for a sharp rising in prices in a high interest rates environment.

 

[悠着点]

今年应该还有一两次升息.