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Mortgage Minute 14: Prime Interest Rates Rise 0.5%

Mortgage Minute 14: Prime Interest Rates Rise 0.5%

Prime Rate Just Went Up 0.5% Is it time to PANIC? What I think this means for our mortgage market? Our Take The Bank of Canada just raised their rates by the largest amount in 22 years. This .5% rate hike now puts the overnight lending rate at 1%. What does this mean...
Mortgage Minute 13

Mortgage Minute 13

Bank of Canada Has Finally Risen Their Rate What does this mean for your 2022 home buying plans? Our Take We’ve finally seen the first of a set of rate increases planned by Bank of Canada for this year. Yes, mortgage rates are going up. So what does that mean...
Mortgage Minute 12: What to Expect in 2022

Mortgage Minute 12: What to Expect in 2022

Welcome to 2022. With ongoing uncertainty in the world what can we expect to see in 2022?

The story of 2021 was dominated once again by the COVID-19 Pandemic, and now that we are in the 3rd calendar year of the pandemic, what can we expect as the world hopefully moves on from the health and financial disaster of the past two years?