
Bank of Canada maintains key interest rate
In today’s scheduled press release, the Bank of Canada announced that they will be maintaining the overnight benchmark rate at 0.25%. It is projected that
FSRA# 13047 Valko Financial Ltd.
In today’s scheduled press release, the Bank of Canada announced that they will be maintaining the overnight benchmark rate at 0.25%. It is projected that
Contrary to the common belief that debt among Canadians is rising during the pandemic, non-mortgage debt had significantly dropped during 2020. Have a look at
Breaking Mortgage News The current rule for mortgage approvals is that you must qualify as if the interest rate is 4.79% or your contract rate
The Office of the Superintendent of Financial Institutions (OSFI) recently proposed a mortgage rule change to help slow down the overheated housing market. The current
Click here for the full article by Dr Sherry Cooper, Chief Economist at Dominion Lending Centres. Today the Canadian Real Estate Association (CREA) released statistics showing
The Bank of Canada announced today that the overnight rate of 0.25% will hold. The Bank rate and deposit rate will hold at 0.50% and
This morning’s Stats Canada release showed that economic growth in the final quarter of last year was a surprisingly strong 9.6% (annualized). The surge in
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