by carolinar | Jul 24, 2024 | Real Estate
In a significant move to manage inflation and bolster economic growth, the Bank of Canada has once again reduced its policy interest rate. This latest cut of 25 basis points brings the overnight rate down to 4.5%, a level not seen since June 2023. This follows a...
by carolinar | Jul 17, 2024 | Uncategorized
When buying a home, it’s crucial to understand the additional costs that can impact your budget. Two significant taxes that come into play in British Columbia are the Goods and Services Tax (GST) and the Property Transfer Tax (PTT). Knowing how these taxes apply...
by carolinar | Jun 6, 2024 | Real Estate
Yesterday, the Bank of Canada (BoC) announced a 25 basis point reduction in its interest rate, lowering it to 4.75%. This significant policy shift comes after more than four years of elevated rates, as predicted by numerous economists. Since March 2022, the BoC had...
by carolinar | Jun 8, 2023 | Real Estate
If you’re in the market for a mortgage or are a homeowner with an existing mortgage, you may have come across the term “mortgage trigger rate.” But what is a mortgage trigger rate, and how does it impact your mortgage? In this blog post, we’ll...
by carolinar | May 17, 2023 | Real Estate
When it comes to credit scores in Canada, many factors can impact your score, including your age. In this blog post, we will explore how your age can affect your credit score and what you can do to maintain a healthy score at any age. The Average Credit Score in...
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