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Another rate hike for home buyers to be aware of.

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Bank of Canada raises interest rate again — but the pace of hikes may be slowing

Central bank has increased its rate 6 times this year to try to rein in inflation.

CBC News · Posted: Oct 26, 2022 10:02 AM ET | Last Updated: October 26

Please read the full article below:

https://www.cbc.ca/news/business/bank-of-canada-interest-rate-decision-1.6629901?fbclid=IwAR1Y-TAMc_aCaylczZfyuxUfAa5dj7PdLf31tijHhA4B0GM3HvlnxgHZZEs

The Bank of Canada, whose headquarters are shown here, has raised its benchmark interest rate six times this year in an attempt to drag down decades-high inflation. (Sean Kilpatrick/The Canadian Press)

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