BoC stands by 0.25% rate in first policy announcement for 2021
In its latest policy announcement today, the Bank of Canada held its target for the overnight rate at the effective lower bound of 0.25%, with the bank rate at 0.5%…
More Canadians should consider mortgage protection insurance. Here’s why
If 2020 taught Canadian homeowners anything, it’s that you never know what’s hiding around the corner, or the many ways it might turn your world upside down. This increased wariness…
Pre-foreclosure investment opportunities could arise in Q2
The Bank of Canada predicted that mortgage arrears would peak at 0.5% in Q2-2021, and although inauspicious, it presents a win-win opportunity for investors to step in and help struggling…