Interest Rate Announcement: Bank of Canada Holds Steady for a Third Time
Posted on Jul 30, 2025
Bank of Canada Keeps Policy Rate Unchanged at 2.75%
The Bank of Canada has left its overnight interest rate target at 2.75%. This marks the third consecutive meeting the Bank has kept rates on hold, in part due to ongoing U.S. trade policy negotiations and the threat of new sector-specific tariffs. Despite these challenges, the Bank noted that “In C...
How to Buy a Home with No Down Payment
Posted on Jun 26, 2025
For many aspiring homeowners, saving enough for a down payment can feel like an overwhelming, sometimes impossible, challenge. Have you ever wondered, “Can I buy a home with no down payment?” What if we told you that buying a home with no down payment is not only a possibility but a reality? Before we dig in, let’s clarify that, technically, the do...
Interest Rate Announcement: Bank of Canada Holds Steady Again
Posted on Jun 06, 2025
Benchmark Rate holds steady at 2.75%
The Bank of Canada has kept its overnight interest rate target at 2.75 per cent. It is the second straight meeting the Bank has kept rates on hold after a string of decreases amounting to 225 basis points over the last nine months. It is a guarded step amidst ongoing economic uncertainties, notably those relating...
Tips for Staging Your Home in the Summer
Posted on Jul 02, 2024 in Selling
Canadian summers offer ample opportunities to enjoy the warm weather, from lakeside gatherings and cottage weekends to neighbourhood barbecues and outdoor sports. Summer is also an ideal time for buying and selling homes, with the busy season often stretching from the Victoria Day weekend in May to Labour Day in early September. Selling your home i...
The Hidden Costs of Selling Your Home: What You Need to Know Before Putting Your Home on the Market
Posted on Jun 18, 2024 in Buying OR Selling
The mortgage market is expected to have reached its peak. A chorus of economists, industry experts, and market watchers believe that the Bank of Canada (BoC) will cut interest rates this year, allowing the conventional five-year fixed-rate mortgage to ease toward four percent, down from the six percent the Canadian economy has witnessed in the last...
What to Know About Buying a House with Friends
Posted on Apr 25, 2024 in Housing Trends
In the face of an ever-challenging housing market, Canadians are getting creative with how they acquire their first homes. Recognizing the hurdles of high property prices and the complexities of securing a mortgage individually, many first-time homebuyers are now exploring the prospect of buying homes with friends. This trend represents an inventiv...
