原帖由 annieyang 于 2008-10-8 09:32 发表 % E( w. A$ \; Z9 |# Z2 s- yBut 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 & `+ c' \& a% N5 x! H0 L
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.
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You mean fixed-rate mortgage? $ W5 _' Q1 P5 x+ e5 T# N( i; X [, c+ H0 v3 b( G
Variable-rate should go down with the prime rate.