What will happen to Bank of Canada rates in 2021?

Author: ExternaL AuthorR | | Categories: Best Mortgage Rates , Mortgage Agent , Mortgage Broker , Mortgage Services , Mortgage Solutions , Mortgage Specialist

What Will Happen to Bank of Canada Rates in 2021

The Bank of Canada will likely leave the overnight lending rate unchanged for the whole of 2021, according to a recent Ratehub.ca forecast.

James Laird, co-founder of Ratehub.ca, said that even with the continuous roll-out of COVID-19 vaccines, full economic recovery might take a considerable amount of time.

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Original Article Source Credits:   MortgageBrokerNews.ca , https://www.mortgagebrokernews.ca/

Article Written By:  Ephraim Vecina 

Original Article Posted on:  06 Jan 2021

Link to Original Article:  https://www.mortgagebrokernews.ca/news/what-will-happen-to-bank-of-canada-rates-in-2021-336600.aspx