Drop in Canada's lending rate may lighten load in Canadians' pocketbooks, mortgages

For the first time since March 2020, interest rates are coming down. The Bank of Canada cut its key rate by a quarter point to 4.75 per cent. As Mary Griffin reports, the impact will be felt in Canadians' pockets and mortgages.

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Hope prices skyrocket and they have to raise rates even more. There are not a lot of people sitting on the fence, this is a ridiculous narrative pushed by banks, mortgage brokers, and realtors