Bank of Canada has raised their overnight rate by 0.75%, bringing it to 3.25%. Which for most lenders will likely increase their Prime...

Bank of Canada has raised their overnight rate by 1.00%, bringing it to 2.50%. Which for most lenders will likely increase their Prime...

Bank of Canada has raised their overnight rate by 0.50%, bringing it to 1.50%. Which for most lenders will likely increase their Prime...

April 13, 2022 Bank of Canada has raised their overnight rate by 0.50%, bringing it to 1.00%. Which for most lenders will likely 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...

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...

CMHC Admits mistake in changing their underwriting policies Last year, in response to the economic uncertainty driven by the COVID-19...

The purpose of using a benchmark rate when qualifying for a mortgage is to ensure that one can still manage their mortgage payments if...