General

23 Oct

Bank of Canada cuts overnight rate by 50 basis points

Posted by: Donna White

https://www.msn.com/en-ca/money/topstories/five-things-to-watch-from-the-bank-of-canada-interest-rate-decision/ar-AA1sJmh0?ocid=socialshare&pc=ACTS&cvid=a65165081aa1475d8613cf19b3adc267&ei=12

26 Sep

OSFI to eliminate stress test for uninsured mortgages starting November 21

Posted by: Donna White

https://www.linkedin.com/feed/update/urn:li:activity:7245076838601875458?updateEntityUrn=urn%3Ali%3Afs_updateV2%3A%28urn%3Ali%3Aactivity%3A7245076838601875458%2CFEED_DETAIL%2CEMPTY%2CDEFAULT%2Cfalse%29

18 Sep

Inflation numbers lower than expected for August – good news for next Bank of Canada rate announcement! #inflation #bankofcanada #mortgagerates

Posted by: Donna White

https://dominionlending.us7.list-manage.com/track/click?u=e22472ccf910e7bde7d3d0632&id=691dc823d1&e=cb7f9db17c

17 Sep

Good news for First Time Home Buyers and Housing market update

Posted by: Donna White

https://dominionlending.us7.list-manage.com/track/click?u=e22472ccf910e7bde7d3d0632&id=cfdd7337e9&e=cb7f9db17c

16 Sep

Good news for Homebuyers and First Time Homebuyers!

Posted by: Donna White

https://www.msn.com/en-ca/money/topstories/freeland-allowing-more-30-year-mortgages-higher-values-for-insured-mortgages/ar-AA1qF6jv?ocid=socialshare&pc=ACTS&cvid=ad93857b58014035a82b1235d02ae928&ei=24

12 Sep

How much does it cost to rent an apartment in Ottawa? Maybe time to buy!

Posted by: Donna White

https://ottawa.ctvnews.ca/here-s-how-much-it-costs-to-rent-an-apartment-in-ottawa-1.7032266?utm_campaign=Daily+News&utm_medium=email&_hsenc=p2ANqtz-8jaFNSb_-3Sm8HqhiigmT90qmLb3RQ0WCvAdWsue_dL5YpczE3OVat2rSDqeQgl8U_xJGY3dkv80dNnxzeb-VbHlJGRA&_hsmi=324343447&utm_content=324343447&utm_source=hs_email&__vfz=medium%3Dsharebar

6 Sep

Article on expected fixed rates – good news!

Posted by: Donna White

https://financialpost.com/real-estate/mortgages/mortgage-rates/canada-lowest-5-year-fixed-rates-2-years?utm_campaign=Daily%20News&utm_medium=email&_hsenc=p2ANqtz–zfwhl5G3N26ZUtNBwN-fbtaps8WRjz_7o81XEOTaxZh0Yso831BaNcDBqExN81-3uO0LPqeQcqlgt6usGvlQ6w_Y24w&_hsmi=323447488&utm_content=323447488&utm_source=hs_email

5 Sep

Bank of Canada cuts overnight rate another .25 – prime now down to 6.45

Posted by: Donna White

https://www.msn.com/en-ca/money/topstories/bank-of-canada-cuts-rates-for-third-time-in-a-row-frets-over-weak-growth/ar-AA1pZpiV?ocid=socialshare&pc=ACTS&cvid=796f6725e17f4a0eb26f9d915951eba6&ei=10

21 Aug

Inflation rate down-expected Bank of Canada Rate Cuts September 4th

Posted by: Donna White

Today’s good inflation news and weakening economic data suggest that the Bank of Canada will cut its overnight policy rate by another 25 bps on September 4. Additional monetary easing is also likely in October and December, continuing through much of next year, triggering a rebound in housing activity.

Read about it here https://dominionlending.us7.list-manage.com/track/click?u=e22472ccf910e7bde7d3d0632&id=69cb8709bc&e=cb7f9db17c

16 Aug

Canadian Housing Market on pause in July and Bank of Canada update

Posted by: Donna White

https://dominionlending.us7.list-manage.com/track/click?u=e22472ccf910e7bde7d3d0632&id=9768a895c3&e=cb7f9db17c