renee4914Jul 17, 20231 min readBank of Canada Raised Prime Lending RateAs we know, the Bank of Canada raised the Prime Lending Rate yesterday by 0.25% in order to slow down a market that doesn't seem to want...
renee4914Jan 3, 20232 min readMeet Lisa our NEW Mortgage Associate! We at Your Mortgage Needs are excited to announce Lisa, to our TEAM! Read below to get to know her better! 1. Why mortgages? I have...
renee4914Oct 26, 20223 min readBank of Canada Update...This morning the Bank of Canada increased their overnight rate by 0.50% (or 50 basis points). This means that the Prime Lending Rate is...
renee4914Sep 8, 20224 min readIs It Time For A Strategy Call?This morning the bank of Canada increased their interest rate by 0.75%, bringing Prime lending rate to 5.45%. What does that mean to you...
renee4914Jun 22, 20222 min readTrigger Point on a Variable Rate MortgageWhat the heck is a Trigger Point on a Variable Rate Mortgage? As rates have been rising lately, those of you that are in Adjustable rate...
renee4914Jun 2, 20222 min readWhat Does Bank of Canada Increase Mean for You?As expected, the Bank of Canada increased Prime lending rate by 0.50% today. Based on the Bank of Canada media release (you can read it...
renee4914May 18, 20222 min readShould You Lock In Now?Anyone that has a mortgage or loans right now is watching rates closely. The upcoming Bank of Canada rate announcement has some people...
renee4914Apr 13, 20224 min readBank of Canada Rate AnnouncementThis morning the Bank of Canada announced an increase to its Prime Rate from 2.70% to 3.20%. You can read the Bank of Canada release here...