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People visit an open house for sale in Toronto, Friday July 14, 2017. (Mark Blinch/Globe and Mail)
People visit an open house for sale in Toronto, Friday July 14, 2017. (Mark Blinch/Globe and Mail)

BoC rate hike unlikely to shift consumer behaviour: experts Add to ...

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Lynsey Foster and her husband bought three properties in Southern Ontario in recent years when the Bank of Canada’s benchmark interest rate was hovering around 1 per cent.

Ms. Foster, a 28-year old realtor, said her knowledge of the real estate market and the low interest rates “allowed us to make strong investments and to expand our portfolio much quicker than we would have been able to with stocks and mutual funds.”

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