Spruce Grove Mortgage Renewal Made Simple with Our Calculator Wondering what your monthly mortgage payments might look like? Our Canadian Mortgage Calculator is designed to give […]
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The Bank of Canada’s rate announcement confirms a reduction in its key interest rate to 2.75%, while the prime lending rate—which impacts variable-rate mortgages, […]
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On December 11, 2024, the Bank of Canada cut its key interest rate again by 0.5%, making it 3.25%. This change reduces the prime lending […]
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The Canadian real estate market is undergoing a transformative period, driven by a mix of favourable policy updates and economic changes. On October 23, 2024, […]
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As anticipated by many, the Bank of Canada lowered its benchmark interest rate by 0.25%, bringing it to 4.25%. The prime lending rate is now […]
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The Bank of Canada lowered its benchmark interest rate to 4.50% today, which was expected. The prime lending rate is now 6.7%, putting us back […]
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Variable-rate mortgage holders are celebrating, having awaited this day since the first rate hike 27 months ago. The overnight target rate was cut to 4.75%, […]
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The Bank of Canada announced today that its key overnight interest rate will remain at 5%. This means the prime lending rate will remain at […]
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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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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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