Bank Of Canada Rate Update June 7, 2023
ank of Canada raises policy rate 25 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 4.75%, with the Bank Rate at 5% and the …
Unlocking the Door to Your Dream Home: Exploring First-Time Homebuyer Options
Unlocking the Door to Your Dream Home: Exploring First-Time Homebuyer Options Home Sweet Home: these three words hold a special place in our hearts.
Can a first-time home buyer have a mortgage co-signer?
Can New Home Buyers in Canada Use a Mortgage Co-Signer? Struggling to secure a mortgage or need a financial boost? Consider bringing in a co-signer. Dive deeper into this and other home-buying tact …
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% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening. Infl …
Top Reasons To Refinance Your Home And Reasons Why You Maybe Should Not.
Refinancing a mortgage means replacing your existing loan with a new one, either with your current lender or a different one. Canadians often consider refinancing for various reasons, such as …
Home Valuation and Appraisals: Unveiling the Mechanics, Influencing Factors, and Value-Boosting Tips
Home Valuation and Appraisals: Unveiling the Mechanics, Influencing Factors, and Value-Boosting Tips The process of buying, selling, or refinancing a home involves a critical component that can gre …
Navigating High-Interest Rates and Inflation: Your Path to Mortgage Resilience
Introduction As your trusted mortgage broker, I understand that the current economic backdrop in Canada is presenting challenges for many homeowners.
Understanding Credit Scores and Maximizing Mortgage Opportunities in Canada
Introduction In Canada, your credit score plays a crucial role in your financial life, especially when it comes to major transactions like securing a mortgage.
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% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening.
Catching Up on Retirement with an Income Property: A Wise Investment Strategy
As the retirement landscape continues to evolve, many individuals find themselves concerned about the adequacy of their savings and the possibility of outliving their nest egg. However, there is a solution that holds immense potential for boosting retirement funds: investing in income properties.