The Bank of Canada announced their schedule of interest rate announcements for 2021. The rate decisions they make on these dates can have a direct effect on the prime rate used for variable rate [...]
On December 9th the Bank of Canada announced there are no changes to their current overnight rate policy. They will continue with the Quantitative Easing (QE) Program at it’s current pace [...]
Today, the Bank of Canada announced it would be maintaining it’s overnight benchmark rate, the main tool used by the BoC to conduct monetary policy, at 0.25%. This announcement has [...]
The average price of a home across the country continued to climb in 2016 but any savings Canadians are getting from mortgage rates are getting smaller, according to a new survey.
Last month a total of 577 residential properties sold in Kitchener-Waterloo and area though the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), an [...]
Countrywide consultation identified priorities for improving access to safe, affordable housing. Canadians are calling for a collaborative, strong and innovative national housing strategy to [...]
A total of 540 residential properties changed hands in Kitchener-Waterloo and area though the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in [...]
We now have more concrete information going forward on conventional mortgages or more than 20% downpayment of equity in your home. Please read the revised regulatory update . In short [...]
OTTAWA — The head of Canada’s central bank acknowledged that policymakers came close to the tipping point on Wednesday’s interest rate decision.
Why is the Department of Finance implementing these new changes? These new regulations are aimed at protecting the financial security of Canadians and supporting the long term stability of the [...]
