Bank of Canada Rate HOLD!!!
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5%. The Bank is continuing
Understanding Credit Scores and Maximizing Mortgage Opportunities in Canada
Introduction In Canada, your credit score plays a crucial role in your financial life, especially when it comes to major transactions like securing a mortgage. A credit score is a
Navigating High-Interest Rates and Inflation: Your Path to Mortgage Resilience
Introduction As your trusted mortgage broker, I understand that the current economic backdrop in Canada is presenting challenges for many homeowners. With interest rates on the rise and inflation putting
Home Valuation and Appraisals: Unveiling the Mechanics, Influencing Factors, and Value-Boosting Tips
The process of buying, selling, or refinancing a home involves a critical component that can greatly impact the financial aspects of these transactions: home valuation and appraisals. Understanding how these
Bank of Canada maintains policy rate, continues quantitative tightening
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also
Borrowing Money from Uncle Dave Isn’t Always an Option
Move over, banks! Private lending has become the cool new kid on the financing block in Canada. With more and more people looking for alternative options, private lending has quickly