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  • Home
  • About
    • Testimonials
  • Services
    • First Time Home Buyers
    • Equity Take Out Mortgages
    • Real-Estate Investments
    • Commercial Lending
    • Partners
  • Calculator
  • Resources
    • Informational Videos
    • New Home buyers guide: 9 Steps and more!
    • 10 Things To Know About Your Neighbourhood
    • Update March 17
  • Schedule
  • Blog
  • Contact

Tag Archives: Bank of Canada

Bank of Canada – April 2023

Mortgages, RatesBy Catherine EllisApril 19, 2023Leave a comment

The Bank of Canada met on Wednesday and decided to hold the overnight lending rate – at 4.5% Why was this decision made: o Inflation in many countries is easing in the face of: o Lower energy prices o Normalizing supply chains o Tighter monetary policy o On the other side: o Labour markets remain tight.

Bank of Canada lending rates

Bank of Canada update March 2023

Mortgages, Rates, Real EstateBy Catherine EllisMarch 10, 2023Leave a comment

The Bank of Canada met on Wednesday and held the overnight rate at 4.50% and is continuing its quantitative tightening. What does this mean? If you have a variable or adjustable rate or HELOC product – there is no change to your rate currently. If you have a fixed rate mortgage – your payments will

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