Bank Of Canada Holds Overnight Rate!
The BOC held their overnight rate on January 24th at 5%. Great news for people renewing mortgages, holding variable mortgages and for affordability in general!
The BOC held their overnight rate on January 24th at 5%. Great news for people renewing mortgages, holding variable mortgages and for affordability in general!
Today, December 6th, the Bank of Canada has kept its target for the overnight rate at 5% for the third time in a row. This means the prime lending rate will remain at 7.2% heading into 2024. Earlier this year, interest rates increased three times due to stronger-than-expected economic growth. The Bank’s efforts seem to…
The Bank of Canada held their key rate again yesterday. Marking the second rate hold over the last 2 announcements. Great news for mortgage holders and home shoppers! Next announcement is set for December 7th of this year.
Are you considering listing your home for sale in 2024? Fall photos are a great way to show off landscaping and gorgeous colors before things get very vanilla in a few months! Just reach out for your complimentary Fall Photo Shoot. Either send me an email, text or give me a call or you can…