Rate Update: What’s Really Going On
The Bank of Canada held its policy rate steady at 2.75%, catching many by surprise. Economists had been predicting a few more cuts this year, […]
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Mortgage Rates, Tariffs & World Economies
Do you have a variable-rate mortgage or a home equity line of credit? The Bank of Canada has announced a rate cut—its key interest rate […]
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Mortgage Rates Are Going Down
The Bank of Canada once again lowered its key interest rate to 4.25% to help with economic challenges and support homeowners and buyers. The prime […]
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Updated Mortgage Rules for First-Time Home Buyers
Get ready, first-time home buyers, because the government is shaking things up with some positive changes to mortgage rules! Starting August 1, 2024, you can […]
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Bank of Canada Rate Announcement: March 6, 2024
Today’s Bank of Canada announcement gives us a bit of a breather. The overnight target rate didn’t budge, hanging tight at 5.00%. This keeps the […]
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Bank of Canada Rate Announcement
The Bank of Canada dropped the news today – no change in the key overnight interest rate, still holding strong at 5%. This keeps the […]
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Unravelling the Mortgage Market: A Recap of 2023
As we bid farewell to 2023, let’s reflect on the key headlines that shaped the mortgage market throughout the year. From interest rate fluctuations to […]
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New to Canada Mortgages
Canada is always welcoming people from around the world. I understand that starting a new life in Canada comes with various challenges, and one significant […]
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Bank of Canada Rate Announcement
As November approaches and the Bank of Canada announced no changes to the overnight rate yesterday, now is a great time to learn what to […]
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Bond Rates vs Mortgage Rates
The relationship between government bonds and mortgage rates is a crucial aspect to understand when financing your home. Government of Canada bonds, known for their […]
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