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

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    Bank of Canada raises policy rate 25 basis points, continues quantitative tightening

    The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% […]

    admin 12 July 2023
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    Bank of Canada raises policy rate 25 basis points, continues quantitative tightening

    The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% […]

    admin 7 June 2023
    • 2978
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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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    Heloc is a Credit card against your home's equity while a refinance is a lender paying off your old mortgage and giving you a new balanced mortgage.

    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 […]

    admin 16 May 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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    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 […]

    Terry Kilakos 22 April 2020
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