The Bank of Canada kept interest rates at 2.75% this week.

ABE NEWS BREAKDOWN:

1.  Mortgages: Your payments stay the same for now

2.  Savings: High-interest accounts still pay ~4% 

3.  Stocks: TSX likes stability, so it went up

THE TAKE: If you’re buying a house, you can wait 3 more months. If you have cash, keep it in a HISA.

What should we explain next? Comment below.

– ABE NEWS Team