Clinton Wilkins joins Sam Laprade on CityNews to discuss the Bank Of Canada's hold on the key interest rate and what this means for Canadians.
As you may have heard, TD Bank has recently changed their prime rate.
At this time, your mortgage payments will not change, but on average we would expect to see amortization periods to increase by about 15 months with this prime rate change.
We will be tracking this over the coming weeks and will provide you with more information as it becomes available. If you have any questions please do not hesitate to give us a call at (902) 482-2770.
All the best!
Clinton and team
Have more questions? Feel free to contact us!