Blog

Friday

30

AUGUST

2024

Bank of Canada 2025 Interest Rate Announcement Schedule

Each year, the Bank of Canada has eight pre-specified dates for announcing any changes to the official interest rate. The scheduled dates for the interest rate announcements for 2025 are as follows:

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Wednesday

23

FEBRUARY

2022

Winnipeg Mortgage Brokers - Understanding Fixed vs Variable Rate Mortgages

Mortgage rates are a very hot topic these days. Will the Bank of Canada raise the prime rate soon? What is the bond market doing? Is a fixed rate mortgage better than a variable rate mortgage right now? 

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Monday

7

NOVEMBER

2011

Know Your Variable Rate Terms!

Have you ever stopped to think how your bank decides what rate to offer you when you apply for a Variable Rate Mortgage?  Banks may offer a great initial rate when you first bring them your business, but the question that you need to ask them is what rate will they offer you when you decided to lock in? 

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