Let's chat: 250-507-0566
|
Andy's Mortgage Blog — Latest Posts
Bank of Canada cuts policy rate to 4.25%
The Bank of Canada has dropped its policy rate to 4.25%, cutting it by 25 basis points this morning. This marks the third consecutive rate reduction by the central bank this year,...
Read More
Understanding the costs of buying, selling, and refinancing a home in Canada
What are closing costs in a real estate transaction?Closing costs are the fees and expenses that must be paid when a transaction is finalized. They encompass a wide range of charges depending on which...
Read More
Inflation continued to ease in July
Canada's headline inflation rate slowed to a pace of 2.5% in July, Statistics Canada reported. The reading was in line with expectations and was down from June's headline figure of 2.7%. The...
Read More
Latest GDP numbers: What they mean for the Bank of Canada's next rate decision
It's been a little over a week since the Bank of Canada delivered its second consecutive rate cut, but markets are already looking ahead to the next rate decision in September. This week,...
Read More