Category: "News"

Interest Rate Hike

July 12th, 2017
As anticipated, the Bank of Canada has raised it's benchmark interest rate from .50% to .75%, this is the first increase in seven years. Mortgage rates and home equity lines of credit are bound to climb. The Bank of Canada's Governor Stephen Poloz… more »

Is the Market Really Cooling Down?

June 15th, 2017
There's a lot of talk about the real estate market cooling down but most of my colleagues refer to it as "softening". In April, the government instituted "The Fair Housing Plan", intended to cool the market. It was a 16 point plan and included actions… more »