As we move deeper into 2026, one thing is clear: interest rate expectations have never been more divided. While the Bank of Canada has maintained a steady hand through the first half of the year, the outlook for the remainder of 2026 is anything but settled. Borrowers, homeowners, and buyers are all...
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Blog categorized as Market Updates and Rate Insights
21.05.26 02:24 PM - Comment(s)
The Bank of Canada announced on April 16, 2025, that the policy interest rate will remain at 2.75%. This decision reflects trade uncertainty and economic challenges. Learn how this impacts inflation, growth, and Canada's economy, including potential scenarios for homeowners and businesses.
17.04.25 02:02 PM - Comment(s)
This week started with quite the surprise announcement by the Federal Government as it was announced that they were making the 'boldest reforms in decades' regarding Canada's mortgage system. The announcement of the two major changes was definitely surprising to everyone as it was ...
19.09.24 06:21 PM - Comment(s)
Let's say you have a mortgage commitment from a lender, and prior to the closing date, rates change and come down a bit. Today, we will discuss how this change in rates can potentially benefit you and save you some money in interest expense; or how a rate change can affect how much more you cou...
09.08.24 05:52 PM - Comment(s)
As expected by many, the Bank Of Canada announced this morning that it was cutting the policy interest rate by 25 basis points from 5% to 4.75%. Most lenders are expected to follow suit and cut their prime rate by an equal amount, meaning most will now be at 6.95%.
This was the first...
05.06.24 08:50 PM - Comment(s)
