Many Canadian homeowners who secured exceptionally low mortgage rates during the pandemic are approaching renewal. Although borrowing costs have fallen from their recent peaks, renewing borrowers may still...
Blog & News: Vancouver Real Estate Market
INTEREST RATE ANNOUNCEMENT FROM BANK OF CANADA
The Bank of Canada has lowered its overnight policy rate for the second time this month, taking the rate down a further 50 basis points to 0.25%. This is what the Bank considers as its effective lower bound...
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