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Bank of Canada maintains policy rate at 5% on December 6, continues quantitative tightening

Bank of Canada maintains policy rate at 5% on December 6, continues quantitative tightening

  Bank of Canada maintains policy rate on December 6, 2023, continues quantitative tightening Here are the 8 key takeaways: Interest Rates Unchanged: The Bank of Canada maintained the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5%. This decision reflects the Bank’s current monetary policy stance. Continuation

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Mortgage Affordability – Financial Freedom

Mortgage Affordability – Financial Freedom

Mortgage Affordability An important and sometimes challenging topic for those looking to buy is Mortgage Affordability: how much you can afford spending on your new home. In this article, we’ll go over some guidelines to help you have a better sense of what’s affordable for you. When it comes to calculating mortgage affordability, there are

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