Bank of Canada Lowers Interest Rate to 4.75%
October 11, 2024
The Bank of Canada has lowered its key interest rate to 4.75%, the first cut since March 2020. Governor Tiff Macklem cites increased confidence in
Category: Mortgage
How big of a house can you buy for $500,000 in Toronto?
October 11, 2024
This week, Canada’s prime rate increased from 5.95% to 6.45%. It is the highest prime rate in the last 20 years. According to TRREB (Toronto
Strong Labor Market Signals Potential Rate Hike
October 11, 2024
The Canadian economy has been showing promising signs of growth in recent months, with a strong labor market leading the way. However, as the labor
What are the best places to invest in real estate in Ontario 2023
October 11, 2024
If you’re contemplating the purchase of a home in Ontario, you’re probably already acquainted with the areas that are exorbitantly priced and should be avoided.
Buying Pre-Construction? Things You Need to Know!
October 11, 2024
Buying a property in the pre-construction phase offers benefits like lower deposits, reduced maintenance needs, and avoiding competitive bidding. Yet, it’s essential to acknowledge the
Bank of Canada’s Market Participants Survey Reveals Insight into Interest Rates
October 11, 2024
Discover the Bank of Canada’s illuminating Market Participants Survey, unveiling crucial insights into the economy’s heartbeat, particularly focused on interest rates. This annual survey empowers
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** Contains information licensed under the Open Government Licence – Ontario.
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