Reality Check: Interest Rates Are Rising, Securing A Mortgage Now is Best for Buyers
Last week, the Bank of Canada announced an increase in interest rates by 50 basis points. This is the second...
Bank of Canada
Bank of Canada Raises Interest Rates: What it Means for Home Buyers and Sellers
Today the Bank of Canada announced an increase in interest rates by 50 basis points, the second increase of the...
The Bank of Canada Raises Rates: What You Need to Know
Today the Bank of Canada increased its Overnight Lending Rate by 25 basis points, the first increase we’ve seen since...
What Happened Last Time Interest Rates Rose: REPORT
With inflation reaching historic peaks across the country, the Bank of Canada has confirmed they are considering raising their Overnight...
Bank of Canada Holds Rate Firm In Their Final Step Of Exiting From Emergency Policies
Despite inflation reaching a 30-year high, the Bank of Canada opted today to leave its trend-setting Overnight Lending Rate untouched...
Bank of Canada Leaves December Rate Untouched, Doubles Down on Late 2022 Hike
Sky-high inflation and surging job numbers weren't enough to move the dial on mortgage rates; in its final announcement of...
No Change to Bank of Canada Rate in October, Even as Inflation Burns Hot
Canada’s central bank, which sets the cost of borrowing among the country’s consumer lenders, opted today to keep its trend-setting...
Low Mortgage Rates to Stay as Bank of Canada Holds Status Quo in September
The record-low mortgage rates that have underpinned the Canadian housing market during the course of the pandemic will remain the...
Low Mortgage Rates to Remain as BoC Announces No Change in July
The Bank of Canada announced today that it is leaving its trend-setting interest rate, called the Overnight Lending Rate, unchanged...
Mortgage Rates Will Stay Low as Economy Continues COVID-19 Recovery: Bank of Canada
Some good news for those looking to qualify for a mortgage: rates will remain at their record lows for the...
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