CALGARY REAL ESTATE TEAM BLOG -
Exciting news is on the horizon for aspiring homeowners across Canada, particularly for those eyeing the vibrant real estate markets of Toronto and Vancouver. Ottawa recently announced plans to …
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Why Now is the Right Time to Buy: Navigating Calgary's Real Estate Market
In the ever-evolving landscape of real estate, timing is often a critical factor in securing the best deals and investments. As we navigate through the current market conditions here in …
Mortgage Rate Update: Current interest rates provided by Jonathan Quinlan; our partnering Mortgage Broker with Mortgage Connections.
#MortgageRates #YYC #Alberta #RealEstate #TheCalgaryRealEstateTeam
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Rate at ½ % and the deposit rate at ¼ %. With overall economic slack now absorbed, the Bank has removed its exceptional forward guidance on its …
View MorePolicymakers, who make a decision tomorrow, are in a trickier spot after economy's surprise contraction
The Bank of Canada is still on course to raise interest rates to 0.50 per cent towards the end of next year, according to economists polled by Reuters, despite a surprise contraction in …
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In a scheduled announcement on October 28,2020, the Bank of Canada maintained its overnight lending rate at 0.25%. The Bank noted economic headwinds are rising as the number of COVID-19 cases continues to rise across the country.
The Bank stated it will hold the policy interest rate …
View MoreThe type of securities blamed for triggering a credit crisis in the U.S. a decade ago could now be part of the solution in Canada, where a cooling housing market is a key risk to its US$1.7 trillion economy.
The Bank of Canada is discussing ways to encourage a …
View MoreThe Bank of Canada may be underestimating the extent of the cooling in the country’s housing market as well as its knock-on effects for the consumer-driven economy, according to research firm Capital Economics.
Sales of pre-construction units in Toronto and Vancouver slowed in 2018, making it harder for developers …
View MoreThe recent federal Budget proposed a series of incentives that demonstrates the government’s commitment to housing affordability, and CMHC is proud to take a leading role in many of them. We know that you’re particularly anxious for details regarding the new First-Time Home Buyers Incentive (FTHBI).
Affordable home ownership …
View MoreThe Canadian government should consider being flexible on its new mortgage lending rules because the impact has been longer-lasting and more significant than originally intended, Toronto-Dominion Bank says.
Home sales were about 40,000 lower between the final quarter of 2017 and the same period a year later than they …
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