January 29th, 2019 Mortgage Industry Update The Bank of Canada announced on January 9th that it’s overnight lending rate will remain at 1.75%. The prime rate remains 3.95%. The common prediction currently stands at the Bank of Canada will very gradually increase rates in 2019. Additionally this week:– National Bank: Although Canadian insolvencies increased 5.2% […]
January 22nd, 2019 Mortgage Industry Update The Bank of Canada announced on January 9th that it’s overnight lending rate will remain at 1.75%. The prime rate remains 3.95%. The common prediction currently stands at the Bank of Canada will very gradually increase rates in 2019. Additionally this week:– Sotheby’s International Realty Canada: In GTA sales […]
January 15th, 2019 Mortgage Industry Update The Bank of Canada announced on January 9th that it’s overnight lending rate will remain at 1.75%. The prime rate remains 3.95%. The common prediction currently stands at the Bank of Canada will very gradually increase rates in 2019. Additionally this week:– Bank of Canada stands still on the […]
January 8th, 2019 Mortgage Industry Update The Bank of Canada announced on December 5th that it’s overnight lending rate will remain at 1.75%. The prime rate remains 3.95%. The common prediction currently stands at the Bank of Canada will gradually increase rates in 2019. Additionally this week:– BILD: Sales of new homes totalled 2,823 in […]