June 5, 2024Categories Fixed RatesMortgage MaturityPurchasesRatesVariable RatesRate Update – The Beginning of The End?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, 2024Categories Fixed RatesMortgage MaturityPurchasesRatesVariable RatesRate Update – Waiting For EvidenceOnce 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 […]
March 6, 2024Categories Mortgage MaturityPurchasesRefinanceRate Update: While Tiff Pauses Opportunity KnocksTo 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, 2024Categories All PostsMortgage MaturityPurchasesRefinanceVariable RatesRate Update – Curves Ahead For Mortgage Rates?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. […]
December 6, 2023Categories All PostsMortgage MaturityPurchasesRefinanceVariable RatesRate Update – Tiff Sneaks One Under The TreeBank of Canada Governor Tiff Macklem decided to give us an early Christmas gift today and left the prime rate as is. Unfortunately, it was the […]
October 25, 2023Categories All PostsMortgage MaturityPurchasesRefinanceVariable RatesRate Update – The Economy Softens but Governor Tiff Remains FirmAs the crisp fall air produces a dusting of snow on the mountains, there is a sense of hope that we could be in store for […]