Rate Announcement January 25, 2023
The Bank of Canada has raised its overnight target rate by 25 basis points, bringing it to 4.50%. This will drive the prime rate to […]
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Top 2022 Mortgage Headlines
As a homeowner with a mortgage, staying updated on mortgage headlines is essential. I want to share with you a few of the top Canadian […]
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What to Do With Your Variable-Rate
The Bank of Canada has made six increases to the policy interest rate over the past year. Prime went up another 0.5%, in October, bringing […]
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Rate Announcement October 26, 2022
As expected, the Bank of Canada made another increase to the policy interest rate last week. Prime went up another 0.5%, bringing the prime lending […]
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Rate Announcement September 7, 2022
The Bank of Canada delivered the fifth consecutive interest-rate hike to slow Canada’s economy and drag inflation down. The key rate increased by 0.75 percent, […]
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Mortgage Features to Consider
You cannot compare apples to apples when it comes to mortgage lending. There are a large variety of mortgage products to choose from in today’s […]
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Questions About The Bank of Canada’s Rate Increase
Once again, The Bank of Canada has raised its overnight target rate by a half-point, bringing it to 1.50%. A few influencing factors are the […]
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Bank of Canada Increases Policy Interest Rate
The Bank of Canada has raised its overnight target rate by a quarter-point, bringing it to 0.50%. This is the first step of potential further […]
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Which is better, variable or fixed-rate mortgage?
Which is better, variable or fixed-rate mortgage? This has been a long-debated topic and a pressing question for many Canadian homeowners. Have you thought about […]
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Soak Up Savings With Low Mortgage Rates This Summer!
It looks like it will be a great summer now that Alberta’s Open for Summer Plan has begun (and the weather has been amazing!) Hopefully, after an […]
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