Bank of Canada June Rate Hike Spooks the Housing Market

General Robyn McLean 17 Jul

The latest interest rate hike and how it has impacted the housing market from Dr. Sherry Cooper, Chief Economist for Doiminion Lending Centres.  Bank of Canada June Rate Hike Spooks the Housing Market The Canadian Real Estate Association says the BoC’s surprise rate hike in early June cooled activity following a two-month solid start to […]

Read More

Suprise rate hike. More to come?

General Robyn McLean 12 Jun

A little more insight on the latest rate hikeby the BoC and what’s to come from our friends at First National. Surprise rate hike. More to come? Predictions of a resumption of interest rate increases by the Bank of Canada have come true … except it happened a month earlier than most forecasters expected.  It […]

Read More

Purchasing an older home? Here are some red flags to watch out for…

General Robyn McLean 9 Feb

Some great info from our friends at Zoocasa. When house hunting, many buyers prefer the history and character of an older home versus the cookie-cutter design that often comes with new developments.  However, if you’re looking into buying an older home, it’s important to arm yourself with knowledge so you can assess the house objectively […]

Read More

Today’s central bank announcement

General Robyn McLean 25 Jan

More information on today’s Bank of Canada increase for Canadians…and the glimmer of hope that we may have reached the peak. From our friends at First National. Bank of Canada increases its benchmark interest rate to 4.50% Jan 25, 2023 Today, the Bank of Canada increased its overnight benchmark interest rate 25 basis point to […]

Read More

Inflation report offers hope of interest rate relief

General Robyn McLean 22 Nov

Could there be some positive signs as we move toward the end of 2022…details from the experts at First National. Nov 22, 2022 First National Financial LP The latest Statistics Canada inflation numbers have given some market watchers hope that the Bank of Canada will slow or, perhaps, even pause interest rate increases. The Consumer […]

Read More

Bank of Canada Will Not Be Happy With This Inflation Report

General Robyn McLean 19 Oct

The latest facts and insight from Dr. Sherry Cooper, Chief Economist at Dominion Lending Centres. Bank of Canada Will Not Be Happy With This Inflation Report Canada’s headline inflation rate ticked down slightly last month to 6.9%, but measures of core inflation remain stubbornly high, and food prices hit a 41-year high. Lower gasoline prices […]

Read More