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 […]
Read moreTag: Canada Mortgage Rates
Rate Announcement December 7, 2022
On Dec 7, 2022, the Bank of Canada made another increase to the policy interest rate. Prime went up another half a percent, bringing the […]
Read more
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 […]
Read more
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, […]
Read more
How Long Can Interest Rates Stay Low?
It’s essential to understand all the elements that affect mortgage rates in Canada. Here’s some insight into what interest rates are forecasted to do. On […]
Read more