GK Mortgages
A place to talk all things mortgages!
Bank of Canada drops overnight rate by .25%! Bond yields reduce as well! Good or bad news? Tell me what you think!
16/06/2023
Canada is set to hit a population of 40 million today. Click on the link and follow live.
https://www150.statcan.gc.ca/n1/pub/71-607-x/71-607-x2018005-eng.htm?mc_cid=c1e3d38376&mc_eid=a3ce0c0bae&fbclid=IwAR3wzVsrBx4o0sjgUDQBufD876Gxp7k90WcFOt6q9OMwgD0FbxRqopYevss_aem_th_AZpYo6MkBU49Tdu3Z7zuXcOZI5B2xkBXcicrD22m2u0gd0P6xRjHGRioHss0vHrU1j8
Canada's population clock (real-time model) This data visualization product provides information on the pace of population renewal in Canada. The web page shows a real-time model of population growth in Canada. The components of population growth are modelled in order to adjust the population of the country, provinces and territories. Moreove...
26/10/2022
https://www.bankofcanada.ca/2022/10/fad-press-release-2022-10-26/?fbclid=IwAR09ytikITgPeSzJ-efDhez9dEkTpiwBFiVuMKtD_4Jzu7aFROHqTslplMg
Bank of Canada increases over night rate by .50%. A lot of people were expecting a .75% hike, so this is bitter sweet. More hikes to come though. We'll see what Dec 7th has in store.
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 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%.
12/09/2022
Join me, via Zoom this Thursday, Sep 15th at 7 p.m. for a Business for Self Webinar, where I will be talking about Mortgage Borrowing Solutions for the Self-Employed. You won't want to miss it! Click on the link to register:
https://us02web.zoom.us/meeting/register/tZMsceGgrDIoE9azrwQCx2Es4buR_LQlceMO
26/01/2022
https://financialpost.com/news/economy/bank-of-canada-holds-interest-rate-at-0-25-3?fbclid=IwAR0LdEqqG6qka1W9yvjKFd6obwUaW2GGLW5Qy7-J20jcjSO1070yUDTLPgA
BOC holds rate steady... for now!
Bank of Canada holds interest rates at 0.25% but hints of hike to come Kevin Carmichael: Bank declares end to economic emergency, promptly pivots to confront worst inflation scare in three decades