7 Jun

Bank of Canada Rate Decrease

Latest News

Posted by: Cory Kline

Hopefully the first rate drop of many! Message me if you have questions. Prime now 6.95%. Variable Rate Mortgage and Home Equity Line clients to start feeling some relief.

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16 Dec

10 Year Mortgage Rate = 2.99% !!!!

General

Posted by: Cory Kline

Don’t miss out… Switch your mortgage for free at 2.99% till 2030! Tell your friends, Tell your co-workers, Tell everyone…. I just came across this offering. I thought it was too good to be true, but after looking into it… WOW! Free transfer, and you will have payment protection from future interest rate increases until […]

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16 Dec

Prime Minister urges review of stress test

General

Posted by: Cory Kline

Although the mortgage stress test has helped cool the housing market, it has also made it harder for first time buyers and people refinancing their mortgage. Read More https://www.mortgagebrokernews.ca/news/prime-minister-urges-review-of-stress-test-324137.aspx?utm_source=GA&utm_medium=20191216&utm_campaign=MBNW-Newsletter&utm_content=D1FFB472-7BE1-43C7-9ACC-EC942F7A14BA&tu=D1FFB472-7BE1-43C7-9ACC-EC942F7A14BA

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8 Nov

Disappointing Decline in Jobs in October, But Wage Growth Surges

Mortgage Tips

Posted by: Cory Kline

Statistics Canada announced this morning that the country lost 1,800 jobs in October following two months of blockbuster employment gains. October marks the first month of job losses since July, but as the chart below shows, the employment data are notoriously volatile. The Canadian dollar sold off on the news of the small job loss. […]

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4 Sep

Bank of Canada Holds Overnight Rate Steady Amid Uncertainty

Latest News

Posted by: Cory Kline

The Bank of Canada held the target overnight rate at steady at 1.75% for the seventh consecutive decision date but will monitor closely the impact of the US-China trade war on economic activity around the world and in Canada. The second-quarter growth–posted at 3.7%–exceeded the Bank’s forecast in the July Monetary Policy Report (MPR), but […]

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