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My Mortgage Blog — Latest Posts
The Bank of Canada’s rate hikes may not be done yet
In addition to raising interest rates by another 75 basis points on September 7, the Bank of Canada also signalled that it’s not done hiking just yet. As expected, the Bank raised its overnight...
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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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