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Want a Fixed-Rate Loan? Lock in Now, Mortgage Experts Say

Summary by The Toronto Star
The Bank of Canada held interest rates steady Wednesday, but that may not last for long, experts warn.

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The Toronto StarThe Toronto Star
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Want a fixed-rate loan? Lock in now, mortgage experts say

The Bank of Canada held interest rates steady Wednesday, but that may not last for long, experts warn.

·Toronto, Canada
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Guelph MercuryGuelph Mercury
+2 Reposted by 2 other sources
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Bank of Canada holds interest rates steady: What that means for your variable mortgage and car loans

Third time in a row Bank of Canada maintained its interest rate at 2.25 percent as inflationary pressures continue to rise amid global economic uncertainties. The interest rate is used by mortgage companies and money lenders to create a rate for their loan repayment fees.

·Guelph, Canada
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New Hamburg independent broke the news in New Hamburg, Canada on Wednesday, April 29, 2026.
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