Mortgage, Money and Dream – Our thoughts on Canadian Mortgage Market
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BOC overnight rate and Bank Prime Rate.

First of all I think that there is no relationship between the Prime Business Rate (Prime Rate) of different banks. They are all different. Somehow the prime business rate manage to be the same for all the banks within few hours/days gap. Just like gas price in

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Bank Rate and inflation

The relationship between interest rate and inflation I guess is ever lasting. I wounder sometime what would happen if these two are separated! There are various factors which effects interest rate we pay to banks – inflation is one of them. I was always wondering about the

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