by Glenn Maclaren | Jul 19, 2016 | Announcements, Blog, Homeownership
Although no firm changes have been announced regarding mortgage regulations, it looks like this might be the beginning of something. The following is correspondence shared by Mortgage Professionals Canada by email to the mortgage industry, it has been shared here for...
by Glenn Maclaren | Jul 13, 2016 | Announcements, Blog, Mortgage
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Inflation in Canada is on track to return to 2 per cent in 2017 as the...
by Glenn Maclaren | Jul 8, 2016 | Blog
VERICO’s Economic Consultant Michael Campbell has just released the Economic Update for Q3 2016, a VERICO Exclusive. “Brexit is important but it’s part of a much bigger story…The key to know is that the Brexit vote and the demise of the European union is driven by...