As expected the Bank of Canada increased it’s policy interest rate this morning by 50 basis points: Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening - Bank of Canada. This rate increase puts the policy rate at 3.75%, the first time it’s been at this rate since 2008.
This is concerning for many regarding their mortgage payments.
Would you like a second opinion on your mortgage? I partner with Manulife Bank, and they offer innovative mortgage solutions to help us achieve your insurance and/or financial planning goals.
This exciting new interactive video will show you how you can get your mortgage working for you instead of you working for your mortgage. To uncover the benefits of a Manulife One mortgage and how it could help you reach their financial goals sooner please see this short video.
To get started, just click on this link
Manulife Bank offers many solutions to help clients in the existing economic environment. Currently for example:
Download this PDF for more information.
To apply for the Business / Personal Advantage please just click on this link
If you have any questions at all you can reach out to me on 416-558-3061 or click here to fill out the contact us form.
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