Mortgage Blog
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Category: Financing (6 posts)
Bank of Canada raises policy rate by 25 bps to 4.5% (Dr. Sherry Cooper)
January 26, 2023 | Posted by: Doug Neufeld
No surprises here: The bank of Canada hiked rates by only 25 bps, signalling a pause As expected, the Bank of Canada–satisfied with the sharp decline in recent inflation pressure–rai ...
read moreInterest Rate Announcement - Rates Finally on Their Way Up
March 2, 2022 | Posted by: Doug Neufeld
Today the Bank of Canada did what everyone expected and increased their benchmark rate by .25%. This marks the first change in almost 2 years - and likely signals that we’re close to the e ...
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CMHC Further Tightens Mortgage Guidelines
June 5, 2020 | Posted by: Doug Neufeld
Breaking News – CMHC Announces Changes – July 1st You can read the official CMHC announcement here But here’s a quick summary of the changes effective July 1st: - &nb ...
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Strategies to Dig Yourself Out of the Debt Hole
November 13, 2019 | Posted by:
Debt. It's something almost everyone will have at some point in their life. But what happens when your debt begins to get the better of you? What options are available? Some simple strategies can he ...
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Why You Need an Emergency Fund And How to Get One
November 6, 2019 | Posted by:
Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund, a ...
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