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Posted by: Karen Lagore
Bank of Canada Holds Rate at 2.75% The Bank of Canada held its benchmark interest rate unchanged at 2.75% in its April 2025 decision, as expected by half of the market, to mark the first hold following 2.25 percentage points of cuts in seven consecutive decisions. The governing council noted that the unpredictability on the […]
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Bank of Canada Cuts Rates Another Quarter Point Today, the Bank of Canada cut the overnight policy rate by another 25 basis points to 4.25%. This is the third consecutive decrease since June. The Bank’s decision reflects two main developments. First, headline and core inflation have continued to ease as expected. Second, as inflation […]
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Do you have an upcoming mortgage renewal? Did you know that I can help? To switch from your current lender, will be no cost to you, and I can search for the best interest rates. Call or email me today at: cell 780 299 8339, email: karen.lagore@dominionlending.ca
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The Bank of Canada has cut interest rates for a second consecutive month, bringing its benchmark rate lower as it bids to keep inflation in check while avoiding a recession. The central bank said this morning that it had lowered the target for its overnight rate by a further 25 basis points, cutting to 4.50% […]
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When their bank wouldn’t help them, see response: Thanks so much Karen. All’s appreciated. You took a million pounds off our shoulders. It was a pleasurable experience. Thank you again. LC
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Today’s central bank announcement Much to the relief of millions of Canadians, the Bank of Canada announced today that it is holding the line on interest rates. After 10 increases since March of 2022, the overnight rate stays at 5.0% for now. Policymakers also updated their forecasts, providing a glimpse into the Bank’s thinking about […]
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If you are looking to purchase a home in Edmonton, you may be in need of a residential mortgage. A residential mortgage is a loan that is used to purchase a residential property, such as a house or condominium. If you are looking to secure a residential mortgage in Edmonton, there are a few steps […]
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Looking to relocate to Edmonton? As an experienced mortgage professional, I understand that you have a lot of questions running in your head right now. In this article, we’ll discuss Edmonton mortgage brokers, their role in the mortgage industry, and how to choose the right broker for your needs. What is an Edmonton Mortgage Broker? […]
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Published by DLC Marketing Team November 8, 2022 So, You Want To Be A Landlord?. Are you dreaming about owning a rental property and making some extra income each month? Before diving into becoming a landlord, there are some things you should know from the advantages and disadvantages to some tips when it comes to […]
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When it comes to getting a mortgage, one of the more overlooked elements is the option to be able to port the loan down the line. Porting your mortgage is an option within your mortgage agreement, which enables you to move to another property without having to lose your existing interest rate, mortgage balance and […]
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