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Category: Interest Rates

Rate Announcement
December 6, 2023December 6, 2023Building a New Home, Buying a New Home, Interest Rates, Mortgage News Canada, Mortgage Rates

Rate Announcement December 6, 2023

The Bank of Canada announced it will keep its key interest rate at 5%, with the Bank Rate at 5¼%. This decision will keep the […]

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October 25, 2023Interest Rates, Mortgage News Canada, Mortgage Rates, Variable-Rate

Rate Announcement October 25, 2023

We can all relax once more with today’s rate announcement. The Bank of Canada announced it’s leaving the overnight target rate unchanged at 5% for […]

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Rate Announcement
September 6, 2023Interest Rates, Mortgage News Canada, Mortgage Rates, Variable-Rate

Rate Announcement September 6, 2023

Here’s the scoop on the most recent rate announcement. The Bank of Canada announced it’s leaving the overnight target rate unchanged at 5%. This decision […]

Read more
July 12, 2023July 12, 2023Interest Rates, Mortgage News Canada, Mortgage Rates, Variable-Rate

Rate Announcement July 12, 2023

The Bank of Canada announced its latest interest rate decision this morning, along with new economic projections. Unsurprisingly, the benchmark rate increased a quarter percent, […]

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June 7, 2023Interest Rates, Mortgage News Canada, Mortgage Rates, Variable-Rate

Rate Announcement June 7, 2023

After hitting pause on rates, the Bank of Canada decided to increase their overnight target rate today to 4.75 percent from 4.5 percent. The prime […]

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Factors That Impact Mortgage Rates
May 30, 2023Financial Tips, Interest Rates, Mortgage Rates

Factors That Impact Mortgage Rates

If you are planning on purchasing a home or need to renew your existing mortgage, it is essential to understand the variables that influence mortgage […]

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First Time Home Buyers Event
May 4, 2023May 4, 2023Buying a New Home, First Time Home Buyer, Home Buying Experience, Home Shopping, Interest Rates, Local Professionals, Mortgage Tips, Real Estate Agent

First-Time Home Buyers Event

Are you tired of paying rent and ready to invest in your future? Join us at our First-Time Home Buyers Event. Meagan Berard, Real Estate […]

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Rate Announcement April 12, 2023
April 12, 2023April 13, 2023Interest Rates, Mortgage News Canada, Mortgage Rates, Variable-Rate

Rate Announcement April 12, 2023

On April 12, 2023, the Bank of Canada announced that it would maintain its key interest rate. The overnight target rate remains at 4.5%, keeping […]

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March 8, 2023April 13, 2023Interest Rates, Mortgage News Canada, Mortgage Rates, Variable-Rate

Rate Announcement March 8, 2023

For the first time in a year, the Bank of Canada has left its overnight target rate unchanged. The overnight target rate remains at 4.5%, […]

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January 25, 2023 Rate Announcement
January 25, 2023April 13, 2023Interest Rates, Mortgage News Canada, Mortgage Rates, Variable-Rate

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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