User Posts: Vikas Palan
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Rate Cuts Have Had Minimal Impact on Housing Affordability: RBC Economist
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According to Robert Hogue, an economist at the Royal Bank of Canada (RBC), recent interest rate cuts by the Bank of Canada have done little to significantly ...

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Former Bank of Canada Official Predicts Significant Rate Cut in October
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A former member of the Bank of Canada’s governing council has suggested that the central bank should consider a substantial rate cut of 0.50% later this month. ...

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Bank of Canada’s Interest Rate Prediction for 2025
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Bank of Canada's Latest Interest Rate Update and Its Impact The Bank of Canada recently announced a 25 basis point decrease, lowering the policy rate to ...

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How Canada’s New Mortgage Rules Will Impact Your Home Buying Plans
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Starting December 15, 2024, Canada will introduce new mortgage rules aimed at helping more Canadians buy homes. These changes include raising the price cap for ...

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Is It Time to Break Your Mortgage?
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If you’re in the middle of your mortgage term, you might be considering a rate or mortgage change. However, breaking your mortgage contract early often comes ...

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Bank of Canada Interest Rate Decisions
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On September 4, 2024, the Bank of Canada made its third consecutive interest rate cut, lowering its key rate to 4.25%. This marks a significant step in its ...

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Inflation Reaches Bank of Canada’s 2% Target
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The Current Inflation rate in Canada is 2% as of August 2024 Consumer Price Index Growth Slows to Lowest Level in Over Three Years Canada's inflation rate ...

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Federal Government Raises Mortgage Cap to $1.5 Million, Expands 30-Year Amortization
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The federal government is taking steps to address the housing affordability crisis by raising the cap on insured mortgages to $1.5 million and expanding access ...

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Ontario Sales Tax
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The Harmonized Sales Tax (HST) in Ontario is 13%. The Harmonized Sales Tax (HST) is applied to most goods and services in Ontario, although there are ...

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First Time Home Buyers Mortgage: Everything you need to know.
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Explore the comprehensive guide for first-time homebuyers in Canada, covering mortgage options, the mortgage stress test, pre-approval process, and tips for ...

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