Don’t let interest rates worry you.

Bank of Canada set to raise rates again today for 2nd time this month.  Rates are at historic lows so a point or 2 rise is not going to change much.  Don’t be panicked into any decisions.  Variable rate is still the best deal out there.  The most I see as a rise is a total of 3%.  The bank will walk a fine line not to slow the Real estate market down.  5% is still an awesome rate.  If you are selling and reading this don’t panic either, there will still be a buyer for your home if it is priced right.

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