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 […]
Read moreCategory: 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%, […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more