Well there you have it...for the first time in 7 years the Bank of Canada has moved it's overnight lending rate up by 0.25%. What does this mean for you? How does this impact your current variable rate mortgage, line of credit balances or future borrowing ability? All great questions that you must bring forward to your Mortgage Professional. Even more important is to become educated on what the media is NOT talking about yet...more lending rule changes! Watch my short video here for details and then call me!