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    North East Real Estate & Mortgage Agency
    North East Real Estate & Mortgage Agency

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    Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening

    The Bank of Canada today increased its target for the overnight rate to 2½%, with the Bank Rate at 2¾% […]

    admin 13 July 2022
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    Stay Variable

    Many North East clients have been calling their brokers to ask whether they should stay with their variable rates or […]

    admin 15 June 2022
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    Man looking at a graph with increasing rates

    Here’s why you shouldn’t panic on the Interest Rate Rise in Canada

    Yes, interest rates are beginning to rise but what effect does this really have on your mortgage payments?  If you […]

    admin 10 May 2022
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    A man on a ladder drawing infront of a big city, a graph indicating the increase of rates.

    Canada: Are we headed towards a recession?

    It has been a long time, almost 20 years, since taxpayers have had to really think about it but, is […]

    admin 27 April 2022
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    Get Ready! Mortgage Rates Are About to Climb!

    Rates have been at an all-time low for the past six months but my crystal ball predicts a sharp hike […]

    admin 23 October 2020
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    CMHC Tightens Mortgage Rules

    In the last decade, we have seen policymakers in the mortgage and banking world stack mortgage rule changes one above […]

    Terry Kilakos 12 June 2020
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    Fact and Fiction about Payment Holidays

    With everything going on in the world today, it would be nice to believe that the banks and governments would […]

    Terry Kilakos 23 March 2020
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    Covid-19 and how it will impact Mortgage Market & Real Estate Market

    As we are going into some of the most trying times this country has faced in years, many of our […]

    Terry Kilakos 17 March 2020
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    Poloz raises rates on overnight rate

    Bank of Canada Holds Rates!

    As the financial storm moves into the Canadian economy the Bank of Canada as expected has chosen to forgo on the rate […]

    Terry Kilakos 5 December 2018
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    Key Overnight rate increase

    Bank of Canada Increases Overnight Rate 1.75%

    FOR IMMEDIATE RELEASE Media Relations 613-782-8782 Ottawa, Ontario October 24, 2018 Available as: PDF The Bank of Canada today increased its […]

    Terry Kilakos 24 October 2018
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