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The Bank of Canada makes it fourth announcement tomorrow... what does that mean for you?
Prior to March 2020, the Bank of Canada was not a household name. As Realtors, we educated ourselves on any updates from their...
nicki944
Jun 4, 20244 min read
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Learning the Lingo: Irrevocability
The irrevocable period is the timeframe that the offer is open for acceptance and when the offer can no longer be changed or withdrawn by...
Nicki_Lumsden
Feb 22, 20232 min read
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Bank of Canada First Rate Increase Since 2018!
Yesterday, the Bank of Canada announced its first rate increase of 2022 (and since 2018!). Economists are predicting that they will make...
nicki944
Mar 3, 20221 min read
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2022 Interest Rates Forecast
2022 Interest Rate Forecast from the Bank of Canada regarding mortgages
Nicki_Lumsden
Feb 3, 20221 min read
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Changes are Coming to the Mortgage Stress Test... or are they?
The federal government originally introduced the stress test in late 2017 as a way to cool the market and also prepare borrowers for the...
Nicki_Lumsden
Apr 20, 20212 min read
10 views
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