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Author Archive for: Jessy Savage
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Entries by Jessy Savage
Bank of Canada Announces Interest Rate Hold A press release from the Bank of Canada’s Media Relation Team on January 24th announced it will maintain policy rate, and is continuing its policy of quantitative tightening. The current bank rate is holding at 5.25% and the deposit rate at 5%. As global economic growth continues to […]
Using A Mortgage Broker vs. A Bank When it is time to get a mortgage, Canadians typically turn to one of two sources for securing financing: banks and mortgage brokers. Not sure whether to go with a bank or a mortgage broker for your new home purchase? If you’ve never gotten a mortgage before, it […]
It seems that mortgage rates high fever has finally broken – at least for now. 2024 interest rate forecasts could mean that Canada’s soft housing market is poised to turn. After a year marked by caution and spurred by rising borrowing costs. Economists believe the Canadian housing market is showing signs of a rebound and […]
Our Guide To Purchasing Your First Condo in Victoria Purchasing the space you’ll call home is a big step. Buying condos in Victoria is an exciting opportunity. It can be freeing to have a home of your very own and can open doors to the purchase of a single family home in future or even […]