by Team YourMortgageSpecialist.ca | Mar 27, 2020 | Mortgage News
Fluctuating Rates, Clarified In an unscheduled announcement, the Bank of Canada lowered its target for the overnight rate today by fifty basis points to 0.25%, down from 0.75%.This decisive fiscal action signals the Bank’s response to the economic shock waves...
by Team YourMortgageSpecialist.ca | Mar 21, 2020 | Mortgage Advice
There has been a tremendous amount of news circulating over the last week about the financial challenges Canadians are facing at the onset of this COVID-19 pandemic. On Wednesday, March 18th it was announced that lenders may be able to defer mortgage payments for...