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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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Understanding mortgage down payments
For many homebuyers, the down payment is the biggest hurdle along the path to homeownership.This is especially true for first-time buyers, who often have to scrimp and save for years to come up with...
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Uncharted territory': What rising rates mean for homebuyers
Whether you’re a first-time homebuyer or an existing homeowner, the dynamics of the housing market are quickly changing as borrowing costs soar.For those looking to purchase a property, they might be...
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Breaking Down the Bank of Canada`s Latest rate hike
JUN 2, 2022 Variable-rate mortgage holders with fixed payments, don’t have to worry about fluctuations in their monthlymortgage payments. Instead of your payment increasing, the amount of money going...
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