原帖由 annieyang 于 2008-10-8 09:32 发表 ) v7 e7 U1 y f0 k3 O
But the commercial banks probably do not follow the Bank of Canada. That means the mortgage rate will not chande while the prime rate goes down.
原帖由 annieyang 于 2008-10-8 09:32 发表 {+ e0 F6 J6 W0 D* h
But the commercial banks probably do not follow the Bank of Canada. That means the mortgage rate will not chande while the prime rate goes down.
* c0 w9 Z# l) W; r4 E# B & e# K2 O, K$ w. D) _$ c- F" V LYou mean fixed-rate mortgage? # {) t7 e; e: ^# i; P) ~ 2 P7 T2 e; j6 d, [4 i6 W- WVariable-rate should go down with the prime rate.