Concern about the global economy and the dollar’s weakness has led to speculation as to whether the two interest rate cuts so far this year will do enough to boost exports or if another cut to 0.25 per cent will be necessary.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
Investment Hot Spots:
Southdale, River John, Colborne, Birchtown, Eganville
Analysts were talking about an increased chance of an interest rate cut Monday following the Canadian dollar’s decline to its lowest value against the greenback in 11 years.