Olena Mortgage

One more cut by 0.25 from Bank of Canada 👏🏻 keep going 😊

‼️The Bank of Canada cut its key overnight lending rate by 25 basis points to 4.5 per cent from 4.75 per cent on Wednesday morning‼️

Prime rate now 6.7

Happy Canada 🇨🇦 Day! 🎆

Finally we got a good news‼️ Bank of Canada reduces policy rate by 25 basis points

Bank of Canada reduces policy rate by 25 basis points The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization.

Finally we have a good news‼️ Bank of Canada cuts benchmark interest rate by 25bps to 4.75%

Bank of Canada cuts interest rates: Read the official statement The Bank of Canada cut interest rates on June 5, reducing its key policy rate to 4.75%. Read the central bank's official statement here.

Finance Minister Chrystia Freeland unveiled a suite of changes on Thursday designed to help people afford mortgages and buy their first homes 🏡.

On Thursday, Freeland said the government will almost double the amount first-time homebuyers can withdraw from their RRSPs to put toward a down-payment on a house or condo, raising the limit from $35,000 to $60,000.

Freeland also said the government will change mortgage rules to allow people struggling to pay their monthly home debts to permanently extend their repayment term to 35 years. As of Aug. 1, first-time homebuyers who purchase newly constructed homes will also get to borrow mortgages for 30-year terms, instead of 25 years, she said.

“That translates to lower monthly payments, so more younger Canadians can afford to pay that monthly mortgage on a new home,” said Freeland, who is also the deputy prime minister.

And again no change to prime rate❗️ Bank of Canada maintains policy rate.

No chance to prime rate just yet!

Bank of Canada keeps rates on hold, says too early to consider a cut The Bank of Canada (BoC) kept its key overnight rate steady at 5% on Wednesday as expected and said it was still too early to consider a cut, given the persistence of underlying inflation.

The Bank of Canada today held its target for the overnight rate. No change for now.

✨✨✨Wishing you a very happy holiday season and a wonderful new year! ✨✨✨

Happy Thanksgiving everyone! 🍁🍂🌼

No change for prime rate! The Bank of Canada is leaving interest rates alone — for now ‼️

Interest rates are going up again‼️

The Bank of Canada announced Wednesday morning it’s raising its key overnight interest rate by a quarter percentage point to 5 per cent.

The Bank of Canada raised its key overnight lending rate by 25 basis points‼️

No change to prime rate! Bank of Canada holds interest rate steady again.

Olena Mortgage wishing you Happy Easter 🐣

Prime went up again ☹️

Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%.

HAPPY HOLIDAYS and
THANK YOU
FOR YOUR BUSINESS
THROUGHOUT THE YEAR! 🎄

Bank of Canada increases policy interest rate by 50 basis points ‼️

Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%.

Bank of Canada increases policy interest rate by 50 basis points‼️

The Bank of Canada is raising its key interest rate by three-quarters of a percentage point today‼️

Bank of Canada hikes interest rate, triggering higher payments for more borrowers | CBC News The Bank of Canada hiked its trendsetting interest rate by three-quarters of a percentage point on Wednesday, a move that will increase the cost of borrowing for consumers and businesses.

Bank of Canada increases policy interest rate by 100 basis points ❗️

https://www.bankofcanada.ca/2022/07/fad-press-release-2022-07-13/

Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 2½%, with the Bank Rate at 2¾% and the deposit rate at 2½%.

Prime increased ❗️3.7 as of today

https://www.bankofcanada.ca/2022/06/fad-press-release-2022-06-01/

Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%.

Prime rate increased from 2.7 to 3.2 ❗️

https://www.thestar.com/business/2022/04/13/bank-of-canada-interest-rate-announcement-and-monetary-policy-report-coming-today.html

Bank of Canada raises key rate half a point to 1% and warns of further hikes to come The Bank of Canada makes changes to its key interest rate in an effort to control inflation with a target of two per cent.

Prime rate increased from 2.45 to 2.7

https://globalnews.ca/news/8654004/canada-interest-rate-hike-march-2022/amp/

Bank of Canada raises key interest rate to 0.5% - National | Globalnews.ca The Bank of Canada raised interest rates by 25 basis points on Wednesday, keeping with analyst's expectations and its own signals from January.

Bank of Canada keeps prime rate at 2.45❗️

https://www.cp24.com/news/bank-of-canada-keeps-key-interest-rate-target-on-hold-1.5754888

Bank of Canada keeps key interest rate target on hold The Bank of Canada is keeping its key interest rate target on hold at 0.25 per cent, but warning it won't stay there for much longer.

Happy and safe holidays! 🎄

And again Bank of Canada Leaves Key Interest Rate Unchanged at 0.25%
Central bank raises concerns about the potential impacts of recent flooding and the Omicron variant.