Expected wave of mortgage renewals contributed to latest rate hold: Bank of Canada

The large number of mortgages coming up for renewal at higher rates is one reason why the Bank of Canada decided to leave its target rate unchanged at 5.00% last month. 

The large number of mortgages coming up for renewal at higher rates is one reason why the Bank of Canada decided to leave its target rate unchanged at 5.00% last month.  Mortgage Rates & Mortgage Broker News in Canada 

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