Sourabh Khanna

Happy Canada Day, everyone! 🎉🍁 Celebrating the beauty, diversity, and spirit of this incredible country. Proud to be Canadian! 🇨🇦❤️

Joyful harvest vibes and festive cheer! Wishing everyone a vibrant and blessed Baisakhi! 🌾🌼

Wish you all Merry Christmas and Happy New Year.😊😊

Wishing you all a sparkling Diwali filled with love, light, and laughter! ✨🪔

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Happy Canada Day #2023

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Wish you all a very Happy Vaisakhi.

Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening.

Happy New year!!! 🎉🎊🍾🍾 #2023

Wish you all Merry Christmas and Happy New Year.😊😊

Happy Diwali

Sourabh Khanna now takes appointments on their Page.

Bank of Canada hikes interest rate by 75 basis points, anticipates another increase The Bank of Canada has raised its key interest rate by three-quarters of a percentage point, bringing the central bank's target for the overnight rate to 3.25 per cent.

https://www.canadianmortgagetrends.com/2022/06/the-latest-in-mortgage-news-bond-yields-soar-higher-fixed-mortgage-rates-expected-to-follow/

The Latest in Mortgage News: Bond yields soar higher, fixed mortgage rates expected to follow - Mortgage Rates & Mortgage Broker News in Canada Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising.

https://www.canadianmortgagetrends.com/2022/06/what-the-latest-inflation-data-means-for-the-upcoming-bank-of-canada-rate-decision

What the latest inflation data means for the upcoming Bank of Canada rate decision - Mortgage Rates & Mortgage Broker News in Canada Inflation in Canada grew at a pace not seen since 1983, further increasing the likelihood of an “oversized” rate hike of 75 basis points at the Bank of Canada’s next meeting in July. The Consumer Price Index (CPI) accelerated to an annual rate of 7.7% in May. That’s a 1.4% increase from Apri...

Wishing everyone a very happy vaisakhi.

Wish everyone a very wonderful year filled with enormous happiness and boundless joy. Happy New Year!!

Wishing you all Merry Christmas and Happy New Year..

Canada’s bank regulator keeps mortgage stress test unchanged despite spiking home prices, rising household debt - https://www.theglobeandmail.com/business/article-canadas-banking-regulator-holds-mortgage-stress-test-steady-despite/

Canada’s bank regulator keeps mortgage stress test unchanged despite spiking home prices, rising household debt The Office of the Superintendent of Financial Institutions says the mortgage stress test for uninsured mortgages would continue to require borrowers to qualify at a rate of 5.25 per cent

https://www.mortgagebrokernews.ca/news/rbc-economics-on-the-state-of-canadas-housing-affordability-357763.aspx

RBC Economics on the state of Canada’s housing affordability Accelerated housing demand is playing a major role

Rising interest rates will be ‘No. 1 issue’ for Canada’s housing market, economists say Interest rates will eventually rise — that's the biggest risk facing the housing market, and perhaps the entire Canadian economy, some economists warn.

The key questions on the Canadian housing market’s current trajectory CEO says a late-summer surge could well be in the offing

https://www.cmhc-schl.gc.ca/en/media-newsroom/notices/2021/cmhc-reviews-underwriting-criteria

CMHC Reviews Underwriting Criteria CMHC Reviews Underwriting Criteria

Bank economist says Canadian real estate market “still a long way back from the moon” Analysts say market remains extremely strong.