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— Latest Posts
Prime Rate Rises to 3.20% Following Bank of Canada Rate Hike
The Bank delivered an expected 50-basis-point hike to its benchmark rate. Within hours, the Big 5 banks announced a similar increase to their prime rates, which are the basis for pricing variable-rate...
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What do borrowers look for in a mortgage?
A growing number of mortgage consumers are looking for features beyond just a great rate.Just 13% of mortgage holders said rate was their sole consideration when choosing their mortgage product last...
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Bank of Canada Raises Rate by 50 bps
The Bank of Canada has just raised its key lending rate by 50 basis points, bringing it to 1.00%.This marks the second change to the Bank's overnight target rate this year and the first 50-bps rate...
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What’s in the Federal Budget for Homebuyers?
The federal government has earmarked more than $10 billion in new spending for housing-related initiatives, much of which is focused on increasing supply.Overall, the federal budget includes $56...
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