The Bank of Canada has decided not to increase the overnight rate today. Prime will remain at 3.95%. The next scheduled date for announcing the overnight rate target is May 29, 2019. Press release
New changes are coming for First Time Home Buyers and it looks like the Canada Mortgage and Housing Corporation(CMHC) is leading the way. Here is a sneak peak at what is being discussed and what may be implemented in the…
The Bank of Canada has decided not to increase the overnight rate today. Prime will remain at 3.95%. The next scheduled date for announcing the overnight rate target is April 24, 2019. Press release
Everyday we get to create happiness, saving people a tremendous amount money with their mortgage needs. Since money is still very inexpensive(to borrow) we are arranging a considerable amount of refinances. People that currently own a home are pulling out…
The Bank of Canada has decided not to increase the overnight rate today. Prime will remain at 3.95%. The next scheduled date for announcing the overnight rate target is March 6, 2019. Press release
The Bank of Canada has decided not to increase the overnight rate today. Prime will remain at 3.95%. The next scheduled date for announcing the overnight rate target is January 9, 2019. Press release
The Bank of Canada has decided to increase the overnight rate today. Prime will now increase to 3.95%, up from 3.70%. The next scheduled date for announcing the overnight rate target is December 5, 2018. Press release
Here is a look at what has happened over the last 25 years.
Great news for all the variable rate mortgage holders. The Bank of Canada announced this morning that they will not raise the overnight rate which means Prime will remain at 3.70%. You can start your happy dance now. The next…
The Bank of Canada has decided to increase the overnight rate today. Prime will now increase to 3.70%, up from 3.45%. The next scheduled date for announcing the overnight rate target is September 5, 2018. Press release