The Bank of Canada raised its benchmark interest rate to 1.5 per cent on Wednesday, June 1, 2022—the biggest increase in over two decades—and signalled that more hikes are on the way.
But how exactly does this rate increase affect real estate...
The Bank of Canada raised its benchmark interest rate to 1.5 per cent on Wednesday, June 1, 2022—the biggest increase in over two decades—and signalled that more hikes are on the way.
But how exactly does this rate increase affect real estate...