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% […]
Stay Variable
Many North East clients have been calling their brokers to ask whether they should stay with their variable rates or […]
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 […]
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 […]
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 […]
CMHC Tightens Mortgage Rules
In the last decade, we have seen policymakers in the mortgage and banking world stack mortgage rule changes one above […]
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 […]
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 […]
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 […]
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 […]