Posts

Bank of Canada Announces Interest Rate Drop

A Game-Changing Shift in the Economic Landscape

Maximizing Your Finances: Contribute To Your RSP For 2023 Tax Deduction And Secure Your Dream Home.

Navigating Economic Stability Amidst Uncertainty

Here to Help

Bank of Canada Announcement

Inflation Rate Drop

Fixed or Variable Rate

What is the Trigger Rate

Trigger rates, or what prime rate increase means for your variable rate mortgage

The trigger rate for a variable rate mortgage occurs when the prime rate goes up so much that your fixed payment does not cover the interest you owe each month.

Bank of Canada Rate Increase

Bank of Canada Curveball – Debora Seehuber-Mann

So the Bank of Canada threw us a curveball this morning and raised it’s overnight rate AGAIN which directly impacts the Canada Prime rate.