This Morning’s Interest Rate Announcement And What This Means For Mortgage Rates

By |June 3rd, 2020|

Unlike the past few interest rate announcements by the Bank of Canada, their announcement this morning was not as highly anticipated. Everyone pretty much knew the outcome, so no surprises [...]

Everything You Need To Know About Buying A Home In the Middle of a Pandemic

By |May 20th, 2020|

These are definitely interesting times, and times that we will never forget. Despite having been on lockdown, and home sales being down tremendously, the ratio of buyers to sellers has [...]

Mortgage Rates Continue To Rise – Mortgage Payment Relief Available… But At What Cost?

By |March 25th, 2020|

Just two weeks ago, we saw some of the heaviest downward pressure on fixed mortgage rates that we had ever seen.  Bond yields, which is what determined fixed rates, hit [...]

The Choice Between Fixed & Variable Amid The COVID-19 Crisis And Its Impact On Mortgage Rates

By |March 18th, 2020|

We are currently in uncharted waters. The global pandemic is worsening, which has already resulted in an enormous blow to our economy.  Bars and restaurants are closed. Theatres and sporting [...]

US Fed Cuts Rate to 0% – BOC Slashes Rate…..and More Rate Cuts Expected

By |March 16th, 2020|

As the coronavirus pandemic worsens, the global economy will be forced further into recession.  At this point, it’s pretty much inevitable.  The Bank of Canada was forced to make an [...]

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