Howard Sanders - Pender Island Real Estate

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  • Bank of Canada Cuts Interest Rate to 3.5%

    The Bank of Canada has cut the target for it's overnight lending rate by half a percentage point today to 3.5%. The banks have already started to respond by matching the BOC's cut with a cut in their own prime lending rates -- down to approx 5.25% If you are looking at purchasing property here on Pender, this should get your ...
    Posted to Pender Island Real Estate Blog (Weblog) by 534964 on March 5, 2008