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...