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The OG video series. Covers large overarching topics that impact Alberta and Canada.

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Mortgage Minutes

Mortgage Minute 27: Bank of Canada Holds Rates Steady

Mortgage Minute 27: Bank of Canada Holds Rates Steady

Sep 6, 2023

The BOC Holds Rates Steady As expected, the bank of Canada held its interest rate today after increasing back in July.I know that sometimes it feels like the interest rates are not going to stop increasing. Some of us may have flashbacks to, or may have family members...

Mortgage Minute 26: UGH! Bank of Canada Summer Rate Jump

Mortgage Minute 26: UGH! Bank of Canada Summer Rate Jump

Jul 14, 2023

The Bank of Canada’s rate increase signals potential frustration for mortgage holders, with implications for variable and fixed rates. Economic uncertainties persist despite projected growth and inflation expectations.

Mortgage Minute 25: Bank of Canada Raises Rates AGAIN!

Mortgage Minute 25: Bank of Canada Raises Rates AGAIN!

Jun 7, 2023

The Bank of Canada raised its interest rate today, after holding it steady for a few months. Inflation is still a concern globally, and prices are higher than they should be. The Canadian economy performed better than expected, with more people spending money and the GDP going up. Real estate is HOT in major cities, while unemployment remains low. It’s a fight against inflation, but things will improve over time.

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