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 […]
July 13, 2022Categories All Posts Mortgage Maturity Purchases Refinance Variable RatesMortgage Rate Update – Tiff Gives Inflation A Big One To The ChinThe Bank of Canada (BOC) made the preemptive/scorched earth decision to raise the prime interest rates today by 1%. Combined with the continued decrease in your […]
June 1, 2022Categories All Posts Mortgage Maturity Purchases Refinance Variable RatesMortgage Rate Update – Unprecedented Stimulus, Unprecedented Tightening.The Bank of Canada ( BOC ) governor Tiff Macklem ( Tiff ) surprised the market today with a 0.5% rate increase to the bank’s prime […]