Gloom hanging over global economy has lessened odds of Bank of Canada raising prime rate next week as was anticipated.  Inflation #s still a little high so possible but experts suggesting Mark Carney will hold off until at least July as per original dateline mentioned last year. 

Fixed rates at major banks dropped .10% last week.  So five year fixed rate mortgage now as low 4.35% and variable rates still below 2%, with lowest offer at prime minus .55% or 1.70%. 

Contact Buyingblock.com if you need any mortgage assistance.