Non-bank lenders account for a significant portion of residential debt
It may be a very challenging time to be investing into Real Estate directly. You have to be able to pick your markets wisely, as well as entry timing. But what if you could invest money indirectly, and make even better returns without even taing care of physical properties.
So, dear readers of my blog! Today the time has come to talk about the new interest rates with which we shall wrap up the 2019. Today, the Bank of Canada has... HELD STEADY the prime and overnight rates!
As of today, 4 Dec 2019, the rates are:
Overnight rate 1.75%.
The Bank Rate is 2%
Deposit rate is 1.5%.
The BoC has maintained the current overnight rate s...