December 6, 2017
As anticipated, the Bank of Canada (BOC) left the prime rate unchanged today. The Governor’s comments seemed to describe the economy as that rare breed of […]
November 8, 2017
As of January 1st, 2018 the mortgage qualifying rules are about to change dramatically. The good news is only two groups of Canadians will be impacted: 1. Those who […]
October 25, 2017
The BOC Governor’s daily affirmation goes something like this… ” I must keep inflation at 2%, I must keep inflation at 2%” … so with the NAFTA agreement potentially on death row, and the new […]
September 6, 2017
The Bank of Canada (BOC) raised the prime rate by 0.25% today taking the last of the 2015 emergency stimulus out of the system. The rate […]
July 12, 2017
The Bank of Canada (BOC) raised the prime rate by 0.25% today. It’s a move that isn’t so much designed to slow the economy down, but […]
July 12, 2017
As you’ve no doubt heard, the federal government is looking to, yet again, make changes to the mortgage rules. The two aspects of the proposed changes […]
May 24, 2017
The Bank of Canada (BOC) left rates unchanged today, however the tone of their statement had a hint of optimism. The main points in today’s message […]
April 12, 2017
The Bank of Canada (BOC) left rates unchanged this morning and also hinted that the prime rate could stay the same until 2019. The BOC is […]
March 1, 2017
The Bank of Canada (BOC) kept rates the same this morning, however, there was mention of signs of growth in the Canadian economy in the last […]
January 21, 2017
Mortgage Insurers Will Be Increasing Premiums Mortgage insurers announced on January 17th that they will be raising the premiums for all down payments effective March 17th, […]
January 21, 2017
Finally some good news for First Time Buyers! In case you missed the headlines, the BC Government has launched a new program to help First Time […]
January 18, 2017
The Bank of Canada (BOC) kept rates the same this morning, echoing the sentiments of the last meeting – rates are likely to stay untouched until […]