by josh | May 29, 2019 | Uncategorized
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...
by josh | May 24, 2019 | Uncategorized
We can expect the Bank of Canada’s overnight rate not to make any upward movement until at least the end of 2020, according to a new Reuters poll. This was the majority opinion of the forty economists who participated in the poll. The same group also stated that...
by josh | May 17, 2019 | Uncategorized
If you’re a millennial, chances are you already own your own home or you’re looking to buy one. Buying your first house has always been a big right of passage into adulthood, and according to a study released in February by RBC Economic Research it still...
by josh | Apr 26, 2019 | Uncategorized
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...
by josh | Apr 9, 2019 | Uncategorized
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...
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