by Peter Lirantzis | Sep 6, 2017 | Announcements, Blog, Mortgage
The following is the Bank of Canada rate announcement released this morning, if you have any questions about what this rate increase means for you and your mortgage, please don’t hesitate to contact me anytime. If you’re a fixed rate mortgage holder, this change...
by Peter Lirantzis | Jul 12, 2017 | Announcements, Blog, Mortgage
The following is the latest Bank of Canada rate announcement, if you have any questions about what this rate increase means for you and your mortgage, please don’t hesitate to contact me anytime. If you’re a fixed rate mortgage holder, this change...
by Peter Lirantzis | May 24, 2017 | Announcements, Blog, Mortgage
The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Inflation is broadly in line with the Bank’s projection in its April Monetary Policy Report (MPR)....
by Peter Lirantzis | Apr 12, 2017 | Announcements, Blog, Mortgage
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Global economic growth is strengthening and becoming more broadly-based...
by Peter Lirantzis | Mar 1, 2017 | Announcements, Blog, Mortgage
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. CPI inflation rose to 2.1 per cent in January, reflecting higher energy...
by Peter Lirantzis | Jan 18, 2017 | Announcements, Blog, Mortgage
Looks like 2017 begins the same way 2016 ended, with the Bank of Canada announcing that it has maintained its target for the overnight rate at 1/2 percent. While the Bank Rate is correspondingly 3/4 of a percent, with the deposit rate holding steady at 1/4 percent as...
