Bank of Canada Drops Policy Rate to 2.25%
The Bank of Canada made its second consecutive rate cut today, dropping the benchmark interest rate by another 25 basis points to 2.25%. With the […]
Read moreCategory: Mortgage Rates
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, […]
Read more
Mortgage Penalties
One of the most misunderstood parts of having a mortgage is how mortgage penalties work, especially if you didn’t work with a mortgage broker. And […]
Read more
Variable or Fixed Rate Mortgage?
As expected, the Bank of Canada has lowered its benchmark interest rate to 4.25%. Now, the prime lending rate is 6.45%. With rates decreasing, my […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
Un Insured Mortgage vs Insured Mortgage
Do you know the differences between an uninsured mortgage and an insured mortgage? I want to help you understand the key points to make sure […]
Read more
Invest In Real Estate
When I purchased my first house, I initially never thought of it as an “investment.” It was a place to call home. A few buddies […]
Read more
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 […]
Read more