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My Mortgage Blog — Latest Posts
BoC holds rates steady, but more cuts could be on the way
The Bank of Canada held its key interest rate steady at 2.75% this week, delivering its second consecutive pause as it weighs the impact of persistent inflation and new trade-related risks. The...
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GST rebate gives first-time buyers up to $50,000 off new homes
First-time buyers now have one more reason to consider a new build. The federal government has announced a new GST rebate that could save eligible buyers up to $50,000 on homes valued up to $1.5...
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Canada set to grow in different ways
The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...
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Millennials need help with home ownership
Recent reports from two of Canada’s major banks – CIBC and ScotiaBank – offer a glimpse into the world of millennials and home ownership as well as the impact of the Internet on mortgage...
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