The Bank of Canada’s Third Rate Cut of 2024: A Real Estate Rebound or Business as Usual?
The Bank of Canada announced its third interest rate cut of the year today, lowering rates by another 25 basis...
Mortgage News
U.S. Mortgage Payments Far Outpace Income Growth Over the Last 5 Years
A lot changed for interest rates in America between 2018 and 2023. In May 2018, average 30-year mortgages were at...
The Bank of Canada’s Second Rate Cut for 2024: Will Buyers Return to the Market?
Today the Bank of Canada lowered its overnight lending rate for the second time this year, bringing the rate down...
Here’s How Much Money Homeowners Will Save Now That Rates Have Dropped: Report
On June 5th, the Bank of Canada (BOC) announced a 25 basis point cut to its key overnight lending rate,...
The Bank of Canada Cuts Rates: What This Means for Summer Real Estate
Following more than two years of rate hikes and holds, the Bank of Canada has finally announced today that it...
Here’s How Much You’ll Pay in Interest On a 30-Year Mortgage vs. a 25-Year Mortgage Across Canada
If you’re getting ready to purchase a home, one of the most important financial decisions you’ll face is choosing the...
Here’s What Happened to Real Estate Markets The Last Time Interest Rates Dropped in the US
Since the Federal Reserve began raising interest rates in 2022, prospective homebuyers and economists alike have been trying to predict...
The Wait for Cuts Continues: Bank of Canada Holds Interest Rates
Homebuyers will have to wait a little longer for interest rate relief as the Bank of Canada announced today that...
A Season of Stability? Exploring the Effects of Canada’s Rate Hold on the Spring Market
The Bank of Canada opted to maintain its overnight lending rate steady for the second time this year, freezing the...
10-Year Review: How an Interest Rate Drop Could Affect Real Estate Markets
After increasing the overnight lending rate ten times between March 2022 and July 2023, many are expecting the Bank of...
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