New Rate Announcement December 2024
(Bloomberg) — The Bank of Canada made its second straight outsize cut in interest rates and signalled policymakers are ready to slow down monetary easing. Officials led by Governor Tiff Macklem lowered
(Bloomberg) — The Bank of Canada made its second straight outsize cut in interest rates and signalled policymakers are ready to slow down monetary easing. Officials led by Governor Tiff Macklem lowered
the federal government has unveiled a more detailed framework for its updated mortgage rules, which are set to take effect on December 15, 2024.
A new report from the National Association of Realtors (NAR) surveyed buyers and sellers on what they want from their real estate agents. And for all talk about getting a good deal on a
From CBC. The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, with governor Tiff Macklem saying during a news conference that it would be
Monetary policy is working to reduce inflationary pressures and inflation is coming down, although it will take more time to see if this progress proves durable. The Bank projects that inflation will stay around 3% into the second quarter of 2024, ease below 2.5% in the second half of the year and return to target in 2025.
Mortgage Fraud in Toronto. I wanted to chat about recent events surrounding a scam situation that happened to someone I know. I will let the video speak for itself however it must be said that we need to do better to protect our venerable community.
We had a client come through the office with a Chartered Bank “Pre-Approval” giving a rate hold and financial budget limit. To our complete shock when our deal was submitted it was denied. After a longer look at the document it said in fine print “subject to lending criteria”.
A mortgage calculator is a versatile and powerful tool
The man alleged to be behind a high-interest mortgage scam, is living large on social media
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