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Tag: Prime Lending Rate

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 […]

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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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Rising Mortgage Rates
May 9, 2022May 9, 2022Mortgage Rates, Mortgage Renewal, Pre-approval

How are Mortgage Rates Calculated?

You may have heard that mortgage rates are on the rise. This impacts new home buyers, homeowners with mortgage renewals, and those who have a […]

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Recent Posts

  • Rate Announcement September 6, 2023
  • Do Your Homework and Get Pre-approved For a Mortgage
  • What is a Grandfathered Transfer?
  • Benefits of a Mortgage App
  • Rate Announcement July 12, 2023

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