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View this RSS Feed2020-11-02 | 05:36:26
Economic Update – November 2020: Interest Rates
Last week, the Bank of Canada left its overnight benchmark rate unchanged at what it describes as its “lower bound” of ¼ percent. As a result, the Bank Prime Rate remains at 2.45%.This decision was expected and is therefore not newsworthy. What...
2020-10-06 | 13:23:51
Happy Thanksgiving!
My family and I would like to take this opportunity to wish everyone a very Happy Thanksgiving whatever that looks like for you this year. We are glad to have all of our boys home and safe during this crazy pandemic and will be celebrating with a...
2020-09-23 | 10:53:06
Five Reasons Why Canadians Have Little Reason To Fear A Housing Crash
One of the questions I get asked the most is: ‘what is going to happen with the real estate market?’I’m an optimist at heart, so I have always tuned out the doomsday predictions that the market is going to crash hard at some point. Below is a...
2020-09-10 | 08:14:06
Team Duggan Mortgage Update - September 10, 2020
***this is an update of an article I wrote several years ago that is now more relevant than ever due to the current interest rate environment. If you only have time to read a bit of it – skip down to the paragraph called ‘UNFAIR PENALTIES’....
2020-08-04 | 17:46:58
Interest Rate Update - August 2020
We are now in the sixth month of the global COVID-19 pandemic, and while there are still so many uncertainties that lie ahead, one thing you do not need to worry about is rising interest rates.During March, the Bank of Canada slashed the overnight...
