2023’s Top Mortgage Headlines
As we enter 2024, let’s dive into the top mortgage headlines influencing homeowners and prospective buyers in Canada. Interest Rate Rollercoaster: One of the top […]
Read moreCategory: Mortgage News Canada
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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Mortgage Renewal Rule Updates
As Canadian homeowners gear up to renew their mortgages in the coming year, recent renewal updates outlined in the Liberals’ fall economic statement could offer […]
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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, 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 […]
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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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Rising Rents in Alberta
If you’re looking for an affordable place to rent in Alberta’s major cities, it’s becoming a challenge. The average rent price in Alberta and across […]
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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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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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First Home Savings Account
Have you heard about the new tax-free First Home Savings Account (FHSA) for first-time home buyers? You can now contribute up to $8,000/year, with a […]
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