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Standstill In Overnight Rate Continues

Standstill In Overnight Rate Continues

Back in 2017 the Bank of Canada starts steadily bumping up its overnight rate. But in October 2018 they had to halt progression at 1.75% because the economic climate at home and globally couldn’t withstand further hikes. Today in the Bank’s release they...
Low Rates Incentive to Refinance

Low Rates Incentive to Refinance

Not even two years ago everyone expected interest rates to rise and to continue rising. The Bank of Canada implemented 6 consecutive rate hikes before coming to a standstill in October last year and announced on Wednesday that they will yet again keep rates as they...
The Pre-Approval: Your Mortgage Guide

The Pre-Approval: Your Mortgage Guide

If you’re looking to buy your first home but you’re worried about hang ups along the way, the best way to be prepared is to get yourself a mortgage pre-approval. The sheer amount of information sure to fly at you from friends, family and the internet is...