Bank of Canada Cuts Again

The Bank of Canada cut its key interest rate by a half-point on Tuesday to a record low of 0.5 percent, as expected, but it’s really too bad they didn’t act sooner.

All of this rate cutting should’ve been done when Canadian dollar was $1.10 U.S. dollar.

It would’ve saved thousands of Canadian jobs and hundreds of foreclosures which despite what you see on your TV… IS happening here in Canada!

These rate cuts came in too late for thousands of homeowners who were not able to refinance and are now facing foreclosures, collection calls and judgments.

Don’t let this happen to you…

Go to my website www.joemalek.com where you can apply online… you just may qualify to reduce your monthly payments by 50% or more and save your home from foreclosure.

Joe Malek
Mortgage Agent #M08004649