Happy New Year from the Mortgage Professionals! We hope that this new year brings you new opportunities and above all, prosperity and health for you and your loved ones. As your trusted Mortgage Professional, we will continue to help you make informed decisions about your mortgage and keep you up-to-date … Read More
Inflation, the Canadian Housing Market, and the final Rate Announcement of 2022
Today the bank of Canada has made its final rate announcement of the year and has once again raised its overnight lending rate by 0.50%. In today’s blog, we will be your one-stop shop for understanding what this means as a Canadian mortgage holder and what to expect going into … Read More
Bank of Canada Announcement: October 26th Rate Increase
The Bank of Canada announces its sixth rate increase since March 2022. Raising the Prime rate to 5.95% with efforts to combat Inflation.
September 7th: Prime Rate Announcement & Your Trigger Rate
You have likely heard a lot of talk about your “trigger rate” and “trigger points”. How will another Prime Increase affect your mortgage?