Mortgage Deferrals Now Recorded on Credit Reports
If COVID-19 has negatively impacted your finances and you're currently deferring your mortgage payments, you should know that this will be visible...
Should I Get A Mortgage Pre-Approval?
Should I get a Mortgage Pre Approval? Going through the pre-approval process is important. However, the actual term ‘pre-approval’ is often...
Bank of Canada Rate Announcement July 15th, 2020
Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing. The Bank...
A Mid-Pandemic Mortgage Checkup?
If you've been sitting on the sidelines waiting to see the full impact of COVID-19 on the economy before asking any pressing questions about your...
Questions About Appraisals During COVID-19
If you're looking to purchase or refinance a property while most of Canada is self-isolating to stop the spread of COVID-19, you probably have some...
Open for Business During COVID-19
If you're thinking about buying a new property, refinancing your existing mortgage, or if your mortgage is up for renewal, you might be wondering if...
Bank of Canada Maintains Overnight Rate Target and Unveils New Market Operations
The Bank of Canada today maintained its target for the overnight rate at ¼ percent, which the Bank considers its effective lower bound. The Bank...
Are Interest Rates Going Up and Down at the Same Time? COVID-19
If you’re paying more attention to the Canadian economy due to COVID-19, and it seems like you’re getting mixed messages; that mortgage interest...
Bank of Canada lowers overnight rate target to ¼ percent
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and...
Is Now a Good Time To Buy? (Covid-19)
If you’ve been thinking about buying a new home, chances are the instability of the Canadian economy and the impact Covid-19 has you second-guessing...