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 […]
HELOC vs Refinancing vs Unsecured line of Credit: Which one is for you?
Are you like me, and felt like spring would never arrive. I have a friend who goes fat biking every […]
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 […]
Quebec Real Estate is BOOMING…
Daily, we are faced with a cacophony of information attacking us from all media sources. You can’t turn on the […]
Mortgage Payment Deferrals
Mortgage Payment Deferrals * Taken directly from the website of each financial institution ____________________________________________________________________________ First National Apply here: https://mymortgage.firstnational.ca/Account/PaymentDeferral?languagecode=en-ca Keeping […]
COVID-19 Government Assistance Programs
* As indicated on the Government of Canada and Quebec websites as of 28/03/2020 Federal Government ______________________________________________________________ Support for […]