How much higher will the Bank Of Canada interest rate go?

[TheShadow]

The 5 month wait has ended but how much higher from 4.75% will it go?

 

[harrylee]

19.5%.....like I was paying for my mortgage in 1981.

 

[TheShadow]

19.5%.....like I was paying for my mortgage in 1981.

I remember my parents paying in the 20s in the 80s.

Lots of houses back then though but hard to borrow cash.

Easier to borrow these days but hard to buy a house.

At least that's how it seems.