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My Mortgage Blog — Latest Posts
Bank of Canada Raises Rate by 50 bps
As expected, as of June 1 2022, the Bank of Canada has raised its key lending rate by 50 basis points, bringing it to 1.50%. In its statement...
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What’s in the Federal Budget for Homebuyers?
The federal government has earmarked more than $10 billion in new spending for housing-related initiatives, much of which is focused on increasing supply. Overall, the federal budget includes $56...
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What impacts your credit score?
Understanding Your Credit Score Have you ever wondered what impacts your credit score? Here's what impacts it..... 35% Payment History – Make a payment or miss a payment. It’s on your file30%...
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The Bank of Canada Left Rates Unchanged. Now What?
The Bank of Canada may have raised its inflation forecasts, but it didn’t raise interest rates this week as many had expected. At its first rate policy meeting of the year,...
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