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View this RSS Feed2022-03-07 | 06:32:20
Interest Rate Update ~ March 2022
As predicted by almost everyone, the Bank of Canada raised their ‘overnight’ rate by .25% last week, which has led to all of the banks to increase their ‘prime’ rate to 2.70% from 2.45%. A variable rate mortgage of $350,000 with a 25 year...
2022-01-28 | 08:27:41
Interest Rate Update ~ January 2022
The Bank of Canada announced this week that they will be leaving their key interest rate at .25%, meaning that the Bank Prime Rate remains 2.45% for now, but not for long. The Bank reiterated its position that the rate would need to go up soon from...
2021-12-09 | 03:58:12
Interest Rate Update ~ December 2021
The Bank of Canada announced today that they are leaving the overnight rate, which influences the bank’s prime rate for variable rate mortgages, at its current level for now. However, with inflation increasing there is a strong possibility that the...
2021-06-29 | 13:53:54
First Responder Mortgage Program
Please feel free to pass this along to all of your First Responder friends, family and colleagues who might benefit from our new program.As a valued First Responder, I wanted to personally say THANK YOU for all that you do to help Canadians in your...
2021-02-09 | 06:09:45
What’s behind your mortgage rate
Click here to read more about what determines the interest rate on your mortgage—and why that rate can go up and down. #dollarsandsense #interestrates ...
2021-02-02 | 04:56:28
The pandemic housing craze is fuelling another boom: reverse mortgages
With record low mortgage rates and increased levels of savings, our clients are using a reverse mortgage in 2 ways: To help their kids/grandkids purchase a home (gift for down payment)To help their kids purchase a rental property (they then split...
