In late October 2025, Canadian Imperial Bank of Commerce (CIBC) reduced its Canadian prime lending rate by 25 basis points ...
Real estate professionals are happy with a cut to interest rates but remain troubled over the impact of tariffs, inflation ...
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How does the prime interest rate affect you?
Credit card lenders add a margin to the prime rate to arrive at your card’s variable APR. The prime rate impacts the cost of credit on consumer loans, including credit card accounts, with the rates on ...
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