Bank of Canada Hikes Overnight Rate 50 bps to 4.25%
The Governing Council of the Bank of Canada raised its target[…]
OSFI Is Concerned About Federally Insured Lender Exposure to Mortgage Risk
Late last week, the Office of the Superintendent for Financial Institutions[…]
Bank of Canada raises policy rate by 25 bps to 4.5%
As expected, the Bank of Canada–satisfied with the sharp decline in[…]
Bank of Canada Pauses Rate Hikes As US Fed Promises Further Tightening
As expected, the central bank held the overnight rate at 4.5%,[…]
OSFI Set To Tighten Banking Regulation
On April 18, Canada’s national banking regulator, the Office of the[…]
When will fixed rates go down in Canada?
Most lenders in Canada, are currently increasing their fixed mortgage rates to[…]
Bank of Canada Holds The Overnight Policy Rate Steady at 5%
With last Friday’s publication of the anemic second-quarter GDP data, it[…]
Co-Signor (Applicant) VS Guarantor
With the current costs of homes, interest rates higher than the[…]
So you want to buy a house that had a grow op!
There are certainly a few things we need to warn you[…]
Bank of Canada Mortgage Announcement Schedule 2024
The Bank of Canada today published its 2023 schedule for the[…]
Email: andrew@modernmortgagegroup.ca
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207-3531 Uptown Blvd,
Victoria, BC
VBZ 0B9
Tel: 250-886-1959
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