What You Need To Know About Mortgages For Your Home

Posted in Mortgage Tips, Mortgages on August 19, 2016
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It isn’t always easy to get what you want in life. Finding the best home mortgage to fit your budget is not an easy task. You have to have a complete understanding of your options. Put the useful advice below to use make sure you are getting a great mortgage on your home. Start preparing Read More »

Canada Prime Rate Unchanged at 0.50%

Posted in Bank of Canada, Canada Prime Rate Updates on July 4, 2016
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The Bank of Canada has kept the overnight rate target at 0.50% “The global economy is evolving largely as the Bank projected in its April Monetary Policy Report (MPR). In the United States, despite weakness in the first quarter, a number of indicators, including employment, point to a return to solid growth in 2016. Financial Read More »

Interest Rate Update January 2016

Posted in Bank of Canada, Canada Prime Rate Updates on January 20, 2016
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The Bank of Canada has kept the overnight rate target at 0.5% There was a lot of speculation that the bank would lower the rate today. That was not the case. See the full story at Bank of Canada “Inflation in Canada is evolving broadly as expected. Total CPI inflation remains near the bottom of Read More »

Interest Rate Announcement Schedule 2016

Posted in Bank of Canada on January 4, 2016
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Here is a question asked often on this site: Q: When are the Bank of Canada interest rate announcements for 2016? A: The Bank of Canada interest rate schedule 2016 has been published (see below) and you can find out more details of the announcements at the Bank of Canada site. January 20, 2016 March Read More »

September 2015 Interest Rate Announcement

Posted in Bank of Canada, Canada Prime Rate Updates on September 11, 2015
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The Bank of Canada has made its September 2015 interest rate announcement. The rate will remain at 0.5% According to cbc.ca “Economists had been expecting the bank to keep its trend-setting target for the overnight rate where it is now. A few believe, however, that another cut might be possible later in the year unless the economic Read More »

Bank of Canada Interest Rate Cut

Posted in Bank of Canada on July 15, 2015
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The Bank of Canada interest rate announcement today has lowered the overnight rate to 0.5%. Just over 50% of analysts surveyed by Bloomberg predicted a drop of 1/4% in the Canada prime rate today. Check back later today for any updates on Canadian mortgage rates. From the bank of Canada: The Bank of Canada today Read More »