Mortgage Blog
Category: Mortgage News (14 posts)
Key Housing Measures from the 2022 Canada Budget
June 2, 2022 | Posted by: Ronice Harrison
The Canadian government is taking on high house prices, housing supply issues and home buyer rights.How might it affect you? Let's look over the main points. Help for First-Time Home Buyers Tax-Free ...
read moreBank Of Canada Rate Update March 2, 2022
March 2, 2022 | Posted by: Ronice Harrison
Bank of Canada Increases Policy Interest Rate The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %. ...
read moreBank Of Canada Rate Update January 26, 2022
January 26, 2022 | Posted by: Ronice Harrison
Bank of Canada maintains policy rate, removes exceptional forward guidance The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Ra ...
read more2022 Ontario housing market defined in 5 charts
January 13, 2022 | Posted by: Ronice Harrison
Housing prices in Ontario are growing at their highest rates in 40 years. Big changes are happening, and to many experts, it's clear that a new era is dawning for the industry. So, with these incredi ...
read moreBank Of Canada Rate Update December 9, 2021
December 9, 2021 | Posted by: Ronice Harrison
Bank of Canada maintains policy rate and forward guidance The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at &frac ...
read moreBank Of Canada Rate Update Oct 27, 2021
October 27, 2021 | Posted by: Ronice Harrison
Bank of Canada maintains policy rate and forward guidance, ends quantitative easing The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, ...
read moreBank Of Canada Rate Update Sept 8, 2021
September 8, 2021 | Posted by: Ronice Harrison
Bank of Canada maintains policy rate, continues forward guidance and current pace of quantitative easing The Bank of Canada today held its target for the overnight rate at the effective lower bound ...
read moreBank Of Canada Rate Update July 14, 2021
July 14, 2021 | Posted by: Ronice Harrison
Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ ...
read moreLow Rates in Ontario Helping Buyers Pay Off Their Mortgages at Record Pace
June 28, 2021 | Posted by: Ronice Harrison
Home prices may be astronomical in certain parts of the country, but historically low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. At today's average rates, 61% ...
read moreBank Of Canada Rate Update June 9, 2021
June 9, 2021 | Posted by: Ronice Harrison
Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing The Bank of Canada today held its target for the overnight rat ...
read moreTake Advantage of Low Interest Rates – Refinance Your Mortgage Today!
June 9, 2021 | Posted by: Ronice Harrison
Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...
read more2021 Mortgage Stress Test - Latest Updates
April 21, 2021 | Posted by: Ronice Harrison
On April 8th, the Office of the Superintendent of Financial Institutions (OSFI) announced that it is relaunching its consultation on the minimum qualifying interest rate for uninsured mortgages. Usual ...
read moreApril 21-2021 - Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, adjusts quantitative easing program
April 21, 2021 | Posted by: Ronice Harrison
Available as: PDF The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at &fra ...
read moreApril 2021-Bank of Canada Releases Results from Consultations on Inflation and Monetary Policy
April 12, 2021 | Posted by: Ronice Harrison
The below details are what has been reported by the Bank of Canada Website Over the past two years, we spoke with thousands of Canadians about their views on the economy, inflation and what the Bank ...
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