April 12, 2023Categories All Posts Mortgage Maturity Purchases Refinance Variable 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 Posts Mortgage Maturity Purchases Refinance Variable 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 Posts Mortgage Maturity Purchases Refinance Variable 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 Posts Mortgage Maturity Purchases Refinance Variable 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 […]
October 26, 2022Categories All Posts Mortgage Maturity Purchases Refinance Variable RatesMortgage Rate Update – Light At The End of The Tunnel?Today Governor Tiff Macklem (Tiff) of the Bank of Canada (BOC) surprised Canadians with “only” a 50bps (0.5 percent) rate increase. Given last week’s inflation figures […]
September 7, 2022Categories All Posts Mortgage Maturity Purchases Refinance Variable RatesMortgage Rate Update – Maybe This Time?With today’s Bank of Canada ( BOC ) decision to raise rates by 75bps, Governor Tiff Macklem affirmed his belief that we are not yet out […]