Get the Best Mortgage Rates & Right Mortgage Advice!
A great mortgage solution not only fulfills all your current financial requirements but makes sure that you are not burdened with any hefty payments. I offer some of the lowest rates in the market, making sure that your next mortgage payment is well within your means. The table below shows a comparison between today’s Market Rate and the rate offered by us.
Bank of Canada increases overnight rate to 2.50%
As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is your personal update on the recent Bank of Canada announcement. If you [...]
Affordability Concerns
With inflation and interest rates continuing to rise there are renewed concerns about housing affordability in Canada. Statistics Canada pegged the inflation rate at 7.7% in May, its highest level in almost 40 years. That [...]
Bank of Canada Announcement
Today the Bank of Canada announce they are increasing its trendsetting interest rate by .50% bringing the overnight rate to 1½%. This is the second consistent oversized increase and third overall for the year so [...]
Bank of Canada maintains policy rate and forward guidance
The Bank of Canada has stayed the course on interest rates in its final scheduled announcement of the year, indicating no change to its projection that its policy rate will rise in the middle quarters [...]
A change in tone on inflation
In its most recent rate setting the Bank of Canada decided, once again, to hold steady at 0.25%. But in comments after the announcement, Governor Tiff Macklem sounded a new tone on inflation. He said [...]
Changing affordability and maximum mortgages
Canadian home buyers are taking their mortgages to the max. The latest Consumer Survey by Canada Mortgage and Housing Corporation suggests more than 65% of recent home buyers bought the maximum amount of house they [...]