Aug 3, 2018 | Interest rates, Mortgages
We’re halfway through the summer months and mortgages may not be on the top of your mind these days, but there has been some Summer Mortgage News. Bank of Canada governor, Stephen Poloz, recently announced an increase in the bank’s benchmark interest rate from 1.25%...
Jul 20, 2018 | Interest rates, Mortgages
As we predicted in June, the Bank of Canada announced last week that they’re raising their overnight rate to 1.50%, up 1/4 of a percentage point from the previous 1.25% and the highest it’s been in almost a decade. The Bank predicts that the global economy will grow...
Jun 29, 2018 | Home ownership, Mortgages
So you’re considering buying a new place? Great! Here is some tried, tested, and true advice that you can use along the way. Regardless of how many homes you have owned in the past, how good your credit score is, how much money you have in the bank, how much you’re...