Blog
Tuesday
23
JULY
2019
Winnipeg Mortgage Brokers Explain the Stress Test Rate Drop
The interest rate used in Canada’s mortgage stress tests has fallen for the first time since 2016, making it slightly easier to become a homeowner.
Friday
18
NOVEMBER
2016
When will rates go up?
“When will rates go up?” has been a question on the
minds of Canadian homebuyers for many years.
With each month that goes by, it becomes something more frequently
voiced, especially considering the historically low interest rates of the past
few years. No one in the mortgage
industry has a crystal ball, but...
Monday
2
FEBRUARY
2015
How the BoC overnight rate cut affects homeowners
The Bank of Canada recently announced a cut to the overnight rate from 1% down to .75%. This can be seen as a proactive approach to protect the Canadian economy from the potential risks due to lower oil prices.
Here’s what this cut to the overnight rate might mean to you...