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Have You Considered a Home Equity Line of Credit?

Have You Considered a Home Equity Line of Credit?

by Eric Rodrigues | Jan 24, 2020 | Announcements, Economy, Finance

There’s no doubt that your home is an extremely valuable investment – not only because of what it offers in terms of a place for you and your family to live, grow and prosper, but also thanks to the flexibility it provides for tapping into your ever-growing equity. ...
Bank of Canada Rate Announcement Dec 4th, 2019

Bank of Canada Rate Announcement Dec 4th, 2019

by Eric Rodrigues | Dec 6, 2019 | Announcements, Blog, Economy

Bank of Canada maintains overnight rate target at 1 ¾ percent The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. The Bank’s October projection for global...
Bank of Canada Rate Announcement Oct 30th, 2019

Bank of Canada Rate Announcement Oct 30th, 2019

by Eric Rodrigues | Oct 30, 2019 | Announcements, Blog, CMHC

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. The outlook for the global economy has weakened further since the Bank’s July Monetary Policy Report...
What You Need to Know About Collateral Charge Mortgages

What You Need to Know About Collateral Charge Mortgages

by Eric Rodrigues | Oct 4, 2019 | Announcements, Economy, Finance, Mortgage

Did you know that several lenders today are exclusively offering collateral charge mortgages? This means it’s more important than ever to understand the differences between a collateral and a standard charge mortgage before signing your mortgage commitment.   The...
Bank of Canada Rate Announcement May 29th, 2019

Bank of Canada Rate Announcement May 29th, 2019

by Eric Rodrigues | Jun 3, 2019 | Announcements, Economy, Finance

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Recent Canadian economic data are in line with the projections in the Bank’s April Monetary Policy...
Bank of Canada Rate Announcement April 24th, 2019

Bank of Canada Rate Announcement April 24th, 2019

by Eric Rodrigues | Apr 26, 2019 | Announcements, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Global economic growth has slowed by more than the Bank forecast in its January Monetary Policy...
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