原帖由 annieyang 于 2008-10-8 09:32 发表 7 `# d9 \: t M8 L9 P; v- J& @# H
But the commercial banks probably do not follow the Bank of Canada. That means the mortgage rate will not chande while the prime rate goes down.
原帖由 annieyang 于 2008-10-8 09:32 发表 7 K! F( a0 _! ~0 E' V+ S5 TBut the commercial banks probably do not follow the Bank of Canada. That means the mortgage rate will not chande while the prime rate goes down.
; X5 s9 S4 j( P" p A+ U- \+ L0 o % |- }. {& g9 I3 @6 z0 m& kYou mean fixed-rate mortgage?9 l/ H I' s+ V5 E" Z0 B3 ^$ L% \6 V
+ x P8 q7 ^+ B2 ]9 g. ^Variable-rate should go down with the prime rate.