July 12, 2023Categories All PostsMortgage MaturityPurchasesRefinanceVariable RatesMortgage Rate Update – Know Pain, No GainThe Bank of Canada ( BOC ) Governor Tiff Mackelm ( Tiff ) raised the lending rate by 25bps today, making prime 7.20% at most of […]
June 7, 2023Categories All PostsMortgage MaturityPurchasesRefinanceVariable RatesMortgage Rate Update – Down For The Count?Today, the Bank of Canada (BOC) Governor, Tiff Macklem, decided to raise the prime rate by 25 basis points, and it’s making waves. With little economic […]
April 12, 2023Categories All PostsMortgage MaturityPurchasesRefinanceVariable RatesMortgage Rate Update – Waiting for the 2nd HalfThe Bank of Canada (BOC ) held the prime rate steady today. As if inspired by spring, Governor Tiff proved himself a true economist by giving […]
March 8, 2023Categories All PostsMortgage MaturityPurchasesRefinanceVariable RatesMortgage Rate Update – Tiff Hits The Pause ButtonThe Bank of Canada ( BOC ) gave us a glimpse of a brighter future by not increasing the prime rate today. Finally! The general theme […]
January 25, 2023Categories All PostsMortgage MaturityPurchasesRefinanceVariable RatesMortgage Rate Update – Dreaming of Rate DropsHappy New Year(s)! In this first post of 2023, I’d like to wish you all a wonderful year! I know 2022 was stressful for some, but […]
December 7, 2022Categories All PostsMortgage MaturityPurchasesRefinanceVariable RatesMortgage Rate Update – The Rate Grinch Strikes AgainAs we bring 2022 to a close, the Bank of Canada (BOC) Governor Tiff Macklem (Tiff) increased the prime rate by 0.5% to ensure we get […]