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Posted by: Dean Kimoto
Bank of Canada Hikes Policy Rate by 25 bps, and Sustains Current Bond Holdings. Bank of Canada Starts Hiking Rates, Signalling More To Come The Governing Council of the Bank of Canada raised the overnight policy rate target by a quarter percentage point in a widely expected move and signalled that more hikes would be […]
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Dean’s note: When you’re in a competitive market, its up you to and the advice of your realtor to decide on the best strategy to buy your new home. Here are some reasons why home inspections are important. Always best to go into a deal with as much knowledge as possible–about what you know AND […]
Read MorePosted by: Dean Kimoto
Major Setback in Canada’s January Employment Report. No Wonder The Bank of Canada Didn’t Hike Interest Rates Last Month Statistics Canada released the January Labour Force Survey this morning, reporting a much more extensive than expected decline in jobs last month. The Omicron shutdowns and restrictions took a much larger toll in Canada than expected, […]
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When it comes to mortgages, the age-old question remains: “Should I go with a variable or fixed-rate?”. To make an informed decision, it is important to look at the type of buyer and the historical trends. When it comes to variable versus fixed-rate, it is important to understand what these mortgages are based off of. […]
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