Friday
30
AUGUST
2024
Each year, the Bank of Canada has eight
pre-specified dates for announcing any changes to the official interest rate.
The scheduled dates for the interest rate announcements for 2025 are as
follows:
Tuesday
5
APRIL
2022
As mortgage brokers, we know that homebuyers often enter the mortgage process with confident expectations surrounding the rate they expect to receive, only to be disappointed when they can’t qualify for the best rates. Here are some of the more common reasons why homebuyers who expect to qualify are later refused, or aren’t able to secure the best market rates.
Thursday
15
JULY
2021
On July 14th, the Bank of Canada reiterated its commitment to hold the policy rate at its current record-low level. What does that mean for mortgage consumers?
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