December 11, 2024
December 11th, 2024 Happy Holidays from the Bank of Canada! Another 50bps rate cut, topped with a GST holiday and a side of rebate cheques in […]
October 23, 2024
October 23rd, 2024 The Bank of Canada brought some welcomed news for borrowers today by reducing the prime rate by 50bps. The larger cut was spurred […]
September 4, 2024
September 4th, 2024 The Bank of Canada finished up the most perfect Vancouver summer with a 0.25% rate decrease this morning. Could it get any better? […]
July 24, 2024
July 24, 2024 The Bank of Canada lowered the prime lending rate by 0.25% this morning, marking the 2nd rate cut for 2024. It’s been a […]
July 11, 2024
The latest change in British Columbia’s housing policy, effective July 18, 2024, has left many small real estate investors in Vancouver and North Vancouver feeling frustrated […]
June 5, 2024
The sun is shining, the birds are singing, and the Bank of Canada decreased the prime rate by 0.25% this morning. Could life in Vancouver get […]
April 10, 2024
Once again, the Bank of Canada continues to keep the prime at its current rate. Governor Tiff offered further guidance on when he feels we’ll arrive […]
April 4, 2024
CMHC’s annual housing update report was released this morning. For mortgage brokers and realtors, this highly anticipated report sets the tone for what to expect in […]
March 6, 2024
To no surprise ( but to everyone’s relief ), Governor Tiff Macklem left prime at its current rate. Tiff continued to dispel any sense of optimism […]
January 24, 2024
Happy New Year! Welcome to 2024, the year of The Rate Drop ( fingers crossed).Governor Tiff and company started off 2024 by keeping rates on hold. […]