Bank of Canada Raises Rate by 75 bps

Bank of Canada Raises Rate by 75 bps

Bank of Canada Raises Rate by 75 bps The Bank of Canada raised its key lending rate by 75 basis points this week, bringing it to 3.25%. In its statement, the Bank said, “short-term inflation expectations remain high” and that inflation risks becoming “entrenched” the...
First Time Home Buyers – Real Estate Terms in Ontario

First Time Home Buyers – Real Estate Terms in Ontario

Buying a home can be overwhelming, especially for a first time buyer. That’s why we put together a glossary of common home buying terms. Amortization: The period of time required to completely pay off a mortgage debt, if all payments are made on time and the terms of...