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Maroc Maroc - WESTERNSTANDARDONLINE.COM - A La Une - 18/Jul 18:54

A Bank of Canada rate cut on July 24 will lower variable mortgage rates

The Bank of Canada lowered its overnight rate by .25%, in June, taking it to 4.75% and, with the next announcement by the bank coming on July 24, at least one market watcher thinks another drop of .25% is in the cards.

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