My Mortgage Blog — Latest Posts
What does today’s Bank of Canada rate cut mean for borrowers?
What does today's Bank of Canada rate cut mean for borrowers? Today's decision by the Bank of Canada to lower its key lending rate by a quarter point to 4.75% is welcome news for...
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Economists: Q1 GDP Growth Slump Strengthens Case for June Rate Cut
The Bank of Canada now has more reason to pull the trigger on a rate cut when it meets next week following the release of Q1 GDP data. Data released by Statistics Canada on Friday showed...
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Canada set to grow in different ways
The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...
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Millennials need help with home ownership
Recent reports from two of Canada’s major banks – CIBC and ScotiaBank – offer a glimpse into the world of millennials and home ownership as well as the impact of the Internet on mortgage...
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