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It’s going to get easier to purchase a home

  • February 18, 2020
  • /
  • Uncategorized

Today, Minister of Finance, Bill Morneau, announced changes to the benchmark rate used to determine the minimum qualifying rate for insured mortgages, also known as the “stress test.” These changes will come into effect on April 6, 2020. The new…

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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • December 4, 2019
  • /
  • Newsworthy

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 22, 2020. Press release  

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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • October 30, 2019
  • /
  • Newsworthy

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 December 4, 2019. Press release  

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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • September 4, 2019
  • /
  • Newsworthy

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 October 30, 2019. Press release  

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Bank of Canada Reduces Benchmark Rate to 5.19%, previously 5.34%

  • July 22, 2019
  • /
  • Newsworthy

Good news!! Benchmark rate falls. The Benchmark rate or Qualifying rate ensure borrowers can handle their payments if rates go up. In practice, lenders use the qualifying rate to calculate your debt service ratios. Lenders then check to ensure your…

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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • July 10, 2019
  • /
  • Newsworthy

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 September 4, 2019. Press release  

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CMHC rolls out their First Time Home Buyers Incentive

  • June 19, 2019
  • /
  • Newsworthy

Press release

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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • May 29, 2019
  • /
  • Newsworthy

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 July 10, 2019. Press release  

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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • April 24, 2019
  • /
  • Newsworthy

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  

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A little help for First Time Home Buyers and Relationship Breakdowns is coming…

  • March 21, 2019
  • /
  • Newsworthy

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…

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mortgagesbycraig.com updated their cover photo.

6 days ago

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I am sure every municipality in the country will be reviewing their zoning bylaws now… ... See MoreSee Less

This Towering New Richmond Hill House Highlights Zoning Law Shortfalls

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A towering new home in Richmond Hill is raising eyebrows and highlighting shortcomings in existing zoning bylaws.
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1 week ago

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Ever wonder how one of the most important vehicle safety devices work? ... See MoreSee Less

Airbags | How do they work?

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The engineering behind the airbags is pretty amazing. Let's explore how do they work in detail.Be our supporter or contributor: www.youtube.com/chann...

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1 month ago

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For the first time since 1998 the Bank of Canada has decided to raise the overnight rate today by 1.00% (four regular 0.25% increases) in an effort to fight escalating inflation . Expect Prime to rise to 4.70% (previously 3.70%). ... See MoreSee Less

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1 month ago

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Want to see the inside of our cover photo? Home is located in Kelowna, BC. ... See MoreSee Less

Sheerwater Daytime Experience

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More Info: richardjamesdeacon.com/featured/180-sheerwater-court-kelowna-british-columbia-v1v-2x1/

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