June 27th, 2017 Mortgage Industry Update The Bank of Canada announced on May 24th that it’s overnight lending rate will remain at 0.50%. The prime rate remains at 2.70%. Both fixed and variable rates are generally stable within the market at this point in time. Additionally this week: – TheRedPin report: Property prices and proximity […]
June 20th, 2017 Mortgage Industry Update The Bank of Canada announced on May 24th that it’s overnight lending rate will remain at 0.50%. The prime rate remains at 2.70%. Both fixed and variable rates are generally stable within the market at this point in time. Additionally this week: – StatsCan: Amount of household debt as […]
June 13th, 2017 Mortgage Industry Update The Bank of Canada announced on May 24th that it’s overnight lending rate will remain at 0.50%. The prime rate remains at 2.70%. Both fixed and variable rates are generally stable within the market at this point in time. Additionally this week: – CMHC: 6 month moving average rate […]
June 6th, 2017 Mortgage Industry Update The Bank of Canada announced on May 24th that it’s overnight lending rate will remain at 0.50%. The prime rate remains at 2.70%. Both fixed and variable rates are generally stable within the market at this point in time. Additionally this week: – TREB: GTA home sales plunged last […]