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Lori MacDonald || April 13, 2022

Bank of Canada Raises Rate by 50 bps

The Bank of Canada has just raised its key lending rate by 50 basis points, bringing it to 1.00%.This marks the second change to the Bank's overnight target rate this year and the first 50-bps rate...

Lori MacDonald || April 08, 2022

What's in the Federal Budget for Homebuyers?

The federal government has earmarked more than $10 billion in new spending for housing-related initiatives, much of which is focused on increasing supply.In terms of housing initiatives, the federal...

Lori MacDonald || March 28, 2022

Is your home value up ?

If you have thought about using your home equity to consolidate debt or finance a renovation, it might be the right time. When interest rates are at low levels, refinancing becomes an attractive...

Lori MacDonald || March 02, 2022

The Bank of Canada Finally Pulls the Rate-Hike Trigger : By Mark Kerzner, President & CEO TMG The Mortgage Group

By Mark Kerzner, President & CEO TMG The Mortgage GroupSo, they have finally gone ahead and done it.The Bank of Canada has decided to increase rates, ending months of speculation as to when the...