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 2021 are as follows...
There have been a lot of government-imposed changes in the mortgage industry in the past two years. The Bank of Canada has also recently...
Have you ever stopped to think how your bank decides what rate to offer you when you apply for a Variable Rate Mortgage? Banks may offer a great initial rate when you first bring them your business, but the question that you need to ask them is what rate will they offer you when you decided to lock in?