Bank of Canada Lowers Policy Rate by 25 Basis Points to 4.25%
The Bank of Canada has announced a reduction in its target for the overnight rate, bringing it down by 25 […]
Canadian Economy Shows Slower-Than-Expected Growth: A Prelude to Interest Rate Cuts?
The Canadian economy has entered 2024 with less momentum than anticipated, sparking discussions about potential policy changes by the Bank […]
Important Announcement: Bank of Canada Maintains Overnight Rate at 5%
In today’s decision, the Bank of Canada has opted to keep its target for the overnight rate at 5%, maintaining […]
The Pros and Cons of Fixed vs. Variable Mortgages
In the ever-evolving landscape of the mortgage industry, choosing between a fixed and variable mortgage has become a critical decision […]
Bank of Canada maintains policy rate, continues quantitative tightening
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% […]
Navigating High-Interest Mortgages: A Guide for Homeowners
In the world of personal finances, things keep changing. We were getting used to having low-interest rates, but now they’re […]
The Indispensable Tandem: Your Realtor and Pre-Approval on the Path to Homeownership
A big milestone in anyone’s life is starting the process of buying a house. Bricks and mortar are only a […]
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% […]
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 […]