by Josh | May 29, 2019 | Uncategorized
Nobody was surprised to hear today that the Bank of Canada did not change it’s overnight rate of 1.75%. In 2017 the Bank was steadily increasing the overnight rate and was openly discussing the intention to continue doing so. However, after several successful... by Josh | May 24, 2019 | Uncategorized
Reuters conducted a poll this week with 40 economists which lead to this conclusion: the Bank of Canada is not likely to increase interest rates until the end of 2020. In fact, there’s a 40% chance that we’ll see them make cuts to interest rates in that... 
by Josh | May 17, 2019 | Uncategorized
If you’re a millennial and you’re looking to buy your first home, you’re not alone. According to an RBC Economic Research study released in February of this year, Canada has the world’s largest group of homeowners. Millennials in Canada make up... 
by Josh | Apr 26, 2019 | Uncategorized
The Bank of Canada announced on Wednesday that they will not be increasing the overnight rate this month. At 1.75% the overnight rate, which directly affects mortgage interest rates, has not changed since October last year. It is not expected that the overnight rate... 
by Josh | Apr 9, 2019 | Uncategorized
If you’re looking to buy your first house you may already be aware of how much information there is to take in. On top of that, friends, family and experts are all likely to give you different and sometimes conflicting advice. When it comes to taking your first... by Josh | Mar 27, 2019 | Uncategorized
The federal election is coming up this fall, which means the party in power is pulling all the stops in hopes of re-election. The proposed 2019 Liberal budget was released, and with it a couple of highlights for first-time home buyers. The budget proposes to increase...
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