- Mar 2, 2022
Variable Rate Increase
March 2, 2022 Bank of Canada has raised their overnight rate by 0.25%, bringing it to .50%. Which for most lenders will likely increase...
- Jan 27, 2022
Bank of Canada decides NOT to increase rates today!
Bank of Canada has maintained the overnight rate of 0.25%. We have not seen a change in this rate since March 2020 The Bank of Canada...
- Jul 15, 2021
CMHC Reverses Changes Made to Underwriting
CMHC Admits mistake in changing their underwriting policies Last year, in response to the economic uncertainty driven by the COVID-19...