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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...
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Nicki_Lumsden
- Feb 22, 2023
- 2 min
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period is the timeframe that the offer is open for acceptance and when the offer can no longer be changed or withdrawn by...
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nicki944
- Mar 3, 2022
- 1 min
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...
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Nicki_Lumsden
- Feb 3, 2022
- 1 min
2022 Interest Rates Forecast
2022 Interest Rate Forecast from the Bank of Canada regarding mortgages
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Nicki_Lumsden
- Apr 20, 2021
- 2 min
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...
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