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Dear Graham. Thank you for making my first home buying experience painless. There was so many things to organize and figure out and you made the home buying process seamless. Thank you for the attention to detail you gave to qualities I was looking for in my new home. I love it. Thanks again, Clarke.

 

01-Jun-15

Clarke S.

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Graham provided us with professional and timely service when we needed it most.  His attention to detail made the selling experience much less stressful.  I would recommend Graham to anyone buying or selling property.

 

01-Jun-15

Dave G.

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The Bank of Canada announced today that it is holding its key rate steady. Great news if you have a variable-rate mortgage or home equity line of credit, and for those looking to buy, renew or refinance.


The announcement noted that “risks to the inflation profile has not materially changed. Risks to financial stability remain elevated, but appear to be evolving as expected. Weighing all of these risks, the Bank judges that the current degree of monetary policy stimulus remains appropriate.”...

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The Bank of Canada announced today that it is holding its key rate steady. Great news if you have a variable-rate mortgage or home equity line of credit, and for those looking to buy, renew or refinance this spring.

 

The announcement noted that “the impact of the oil price shock on growth will be more front-loaded than predicted in January, but not larger.” And that the “Canadian economy is estimated to have stalled in the first quarter of 2015.”

 

The next rate-setting...

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As of April 1st, mortgages will be reported on credit reports. Previously they were not reported. This will be detrimental to anyone that has had any recent delinquencies on their mortgage as this information will now be readily available to new, potential mortgage lenders.

 

There are other changes coming to the credit bureau as well. Along with existing beacon scores (credit score), the credit report will also show the following items:

 

-BNI (Bankruptcy Navigator Index) which predicts...

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Today’s Bank of Canada rate hold announcement marks almost four straight years that the key benchmark rate has remained unchanged, since September 8, 2010. Great news if you have a variable-rate mortgage or home equity line of credit; the prime rate stays at 3%.

 

The announcement noted that “the risks to the outlook for inflation remain roughly balanced, while the risks associated with household imbalances have not diminished.” With these considerations, the Bank is maintaining its monetary policy stimulus, and remains neutral with respect to the timing and direction of the next change.

 

The next rate-setting day is October 22nd.

Data last updated on September 11, 2025 at 09:30 PM (UTC).
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