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Canadian banks raise prime rate to 6.95% after Bank of Canada hike

Canadian banks announced they were raising their prime lending rates after the Bank of Canada surprised markets by hiking it benchmark...

Canadians Brace For Higher Mortgage Rates After Bank of Canada Hike

JUNE 7, 2023 Canada’s economy continues to outperform, despite rising interest rates. In response, the Bank of Canada (BoC) hiked its...

What Kind of Income Can I Use to Qualify for a Mortgage?

The short answer is: All kinds! The type of income used for qualifying will be based on several factors. Mainly it is based on specific...

What Are My First Time Home Buyer Benefits?

It is a common myth that your FTHB status impacts the minimum down payment requirements to purchase a property. The following breakdown...

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