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The Canadian prime rate refers to the rate a which lending companies such as banks charge their preferred customers. They do this because these customers are seen to have the least amount of risk.
Wiki User
∙ 10y ago
Wiki User
∙ 10y agoThe Bank of Canada has a prime rate that is the best interest rate that they offer. It varies according to the economic climate but it is the rate on which other interest rates are based.
Wiki User
∙ 10y agoThe current prime interest rate in Canada is 3.00%, which is pretty low compared to that of other countries. For example, the interest rate in the U.S. is 3.25%.
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What is the prime factor of 1.06?
Prime factors refer to integers, not decimals.
What is prime factor of 0.000008?
Prime factors refer to whole numbers, not decimals.
How do you subtract using prime factorization?
That is not what prime factorization is for.
What are the factors of 251?
Factors refer to whole numbers, not decimals.
What happens if an American citizen marries Canadian citizen in Canada and the Canadian is bankrupt what happens with sponsorship and visas and such?
Any questions you have you should refer them to the Canada CIC. It is not impossible for the Canadian to sponsor you if he/she filed for bankruptcy but it does make it more difficult. Mainly they have to be able to AFFORD to take care of you once youre in Canada. But refer to the CIC. Google it. Canada CIC for all info. Good luck
What does the term jumbo mortgage rate refer to?
A jumbo mortgage is an amount borrowed that is over the conventional limits. A jumbo mortgage rate is the percent interest to be paid on this inflated mortgage.
What is the prime factor of 1.06?
Prime factors refer to integers, not decimals.
What is prime factor of 0.000008?
Prime factors refer to whole numbers, not decimals.
What does the number 271 refer to?
A prime number
What is difference between Satisfaction of Mortgage and discharge of mortgage?
The two phrases refer to exactly the same thing. No need to worry, they have the same legal effect.
Is 4564.282 prime or composite and why?
Neither. The concepts of prime and composite refer to integers, not decimals.
What does the term jumbo mortgage refer to as it relates to home mortgages?
A jumbo mortgage is a term used to describe a home mortgage that is bigger that most mortgages. These mortgages exceed the amount that the FNMA and FHLMC will purchase.
Is it unlawful that a lender tells you that you only qualify for an ARM mortgage loan?
please refer the following link to get the information about ARM mortgage loan. center4debtmanagement.com/Financing/UnderstandingHomeMortgages.shtml
Is 441 a prime number?
No, prime numbers refer to whole numbers, not decimals.
How do you get mortgage payment protection?
Mortgage payment protection is really a form of life insurance that you can purchase from many specialty insurers. Often times your bank can refer you to a company that offers this service.
In economics what does the term market and refer to?
The system of exchanging goods. A+
Why is black market illegal?
The black market is, by definition, illegal. The term black market is slang for illegal market. It can refer to the trade of illegal items, such as drugs, or it can refer to an illegal method of trading items, such as the black market distribution of human organs.
