Thank you Mike and Karen for the following testimonial. It was a pleasure to work with you: Buying a house in one city, while at the same time trying to sell the house you currently living in a different city, can be stressful to say the least. That is why ...
Continue ReadingWith the Bank of Canada interest rate announcement today, it is a good time to review BCREA’s mortgage rate forecast. http://www.bcrea.bc.ca/docs/economics-forecasts-and-presentations/mortgagerateforecast.pdf ...
Continue ReadingThe Bank of Canada announced this morning that it is raising its target for the overnight rate by 25 basis points to 0.75 per cent. In the press release accompanying the decision, the Bank noted that Canada’s economy has been robust and a significant amount of economic slack has been ...
Continue ReadingThe Bank of Canada announced this morning that it is holding the target for its overnight rate at 0.5 per cent. In the press release accompanying the decision, the Bank noted that inflation is broadly in line with the Bank’s projection, though intense retail competition is pushing inflation temporarily lower. ...
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