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Market Updates - Blog


How to Take Advantage of Lower Rates
What happened: With prime now at 4.70%, borrowers are seeing their first real relief in months. Why it matters for mortgages: Lower rates...
ShelbyRae Eriksson
1 min read
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What to Expect After the Rate Cut
What happened: With the first rate cut in months, the Bank of Canada has signaled that it is more confident that inflation is moving...
ShelbyRae Eriksson
1 min read
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What a Bank of Canada Drop Means for You
What happened: The Bank of Canada just lowered its key lending rate by 0.25%, which means prime is now 4.70% (down from 4.95%) Why it...
ShelbyRae Eriksson
1 min read
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Housing Supply Challenges and What That Means for Mortgages
What happened: BC continues to face a shortage of available homes, especially in desirable urban markets. Why it matters for mortgages:...
ShelbyRae Eriksson
1 min read
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Bond Yields and Why They Drive Mortgage Rates
What happened: Bond yields in Canada have been easing alongside the Bank of Canada's move. This is important because lenders use these...
ShelbyRae Eriksson
1 min read
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Economic Trends That Touch Your Mortgage?
What happened: Global events, including new trade tariffs and slowing U.S growth, are influencing Canada's economic outlook. The Bank of...
ShelbyRae Eriksson
1 min read
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