Bank of Canada announced they were staying the interest rate and no changes made. That interest rate is connected to hone equity lies of credit and variable rate mortgages. Fixed rates are not affected with any Prime Rate Changes. Call us at Advance Mortgage to discuss in detail. It is important to know the difference and to be aware of what type of mortgage you have especially now in these uncertain times. Be in the know, we are and can help. Do you know what type of mortgage you have? #mortgage #realestate #primerate #bankofcanada