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Bank of Canada Key Interest Rate Drops 0.25%: First Decrease Since 2022

Bank of Canada Key Interest Rate Drops 0.25%: First Decrease Since 2022

Jun 12, 2024 | Interest rates, Mortgage Pre-Approvals, Mortgage Refinancing, Mortgage Renewals, Mortgages, Variable Rate Mortgages

Economic Context and ImplicationsImpact on MortgagesNavigating the Mortgage LandscapeWhat Should I do Next? The Bank of Canada has reduced its key interest rate by 0.25%, which means the key interest rate is now 4.75%. This marks the first decrease since 2022. This...
Fixed vs. Variable Rate Mortgages: Making the Right Choice for Your Mortgage Renewal in Calgary for 2024

Fixed vs. Variable Rate Mortgages: Making the Right Choice for Your Mortgage Renewal in Calgary for 2024

Feb 7, 2024 | Calgary, Fixed Rate Mortgages, Interest rates, Mortgage Renewals, Mortgages, Variable Rate Mortgages

For homeowners facing mortgage renewal in Calgary, one of the critical decisions is choosing between a fixed or variable rate mortgage. With the real estate market and economic climate continually evolving, this choice can significantly impact your financial...

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Recent posts

  • How to Use a Mortgage Calculator to Find the Best Home Financing Options in Alberta
  • Bank of Canada’s Interest Rate Drop 0.5% in October 2024: Seize the Moment for Mortgage Refinancing and Pre-Approvals
  • RRSP Home Buyer’s Plan – What you NEED to Know in 2024
  • Bank of Canada Key Interest Rate Drops 0.25%: First Decrease Since 2022
  • Top 5 Tips for First-Time Home Buyers for Calgary Mortgages
  • The Benefits of Investment Property Mortgages in Calgary: What You Need to Know
  • Renovation Loans vs. Refinancing Your Mortgage: Ways to Finance Your Home Improvements in Calgary
  • The Future of Edmonton Mortgages: Innovations from Leading Mortgage Brokers
  • Fixed vs. Variable Rate Mortgages: Making the Right Choice for Your Mortgage Renewal in Calgary for 2024
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