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Category: Financing (6 posts)

Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing

Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing

September 9, 2020 | Posted by: Brad Vokins - Port Perry - Durham Region Mortgage Broker

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1 ...

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July 15 - 2020 Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing

July 15 - 2020 Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing

July 15, 2020 | Posted by: Brad Vokins - Port Perry - Durham Region Mortgage Broker

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1 ...

read more
Bank of Canada maintains overnight rate target and unveils new market operations

Bank of Canada maintains overnight rate target and unveils new market operations

April 15, 2020 | Posted by: Brad Vokins - Port Perry - Durham Region Mortgage Broker

The Bank of Canada today maintained its target for the overnight rate at ¼ percent, which the Bank considers its effective lower bound. The Bank Rate is correspondingly ½ percent and the ...

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Should You Refinance Your Mortgage?

Should You Refinance Your Mortgage?

February 6, 2020 | Posted by: Brad Vokins - Port Perry - Durham Region Mortgage Broker

There are a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider carefully whether refi ...

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Strategies to Dig Yourself Out of the Debt Hole

Strategies to Dig Yourself Out of the Debt Hole

January 16, 2020 | Posted by: Brad Vokins - Port Perry - Durham Region Mortgage Broker

Debt. It's something almost everyone will have at some point in their life. But what happens when your debt begins to get the better of you? What options are available? Some simple strategies can he ...

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Why You Need an Emergency Fund And How to Get One

Why You Need an Emergency Fund And How to Get One

January 9, 2020 | Posted by: Brad Vokins - Port Perry - Durham Region Mortgage Broker

Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund, a ...

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