Barrie Mortgage Blog
Barrie, Newmarket, Orillia, Simcoe County, Midland, Collingwood, Wasaga Beach Mortgage Broker of Choice
Category: Financing (16 posts)
2021 Mortgage Stress Test - Latest Updates
April 21, 2021 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
On April 8th, the Office of the Superintendent of Financial Institutions (OSFI) announced that it is relaunching its consultation on the minimum qualifying interest rate for uninsured mortgages. Usual ...
read more
April 21-2021 - Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, adjusts quantitative easing program
April 21, 2021 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
Available as: PDF The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The ...
read more
April 2021-Bank of Canada Releases Results from Consultations on Inflation and Monetary Policy
April 12, 2021 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
The below details are what has been reported by the Bank of Canada Website Over the past two years, we spoke with thousands of Canadians about their views on the economy, inflation and what the Bank ...
read more
Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing
March 10, 2021 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The B ...
read more
How Good vs Bad Debt Impacts Your Household in Barrie, Ontario
January 20, 2021 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
In order to understand the difference between good and bad debt, it's important to track your income and expenses and established saving goals for your family. Financial stability allows you to mee ...
read moreBank of Canada will hold current level of policy rate until inflation objective is achieved, continues quantitative easing
January 20, 2021 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The B ...
read moreDec 9-2020 Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues its quantitative easing program
December 9, 2020 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. ...
read more
3 Tips on How to Better Your Credit Score in Barrie, Ontario
December 2, 2020 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
Having a good credit score is of paramount essence as it affects your ability to access loans and borrow money. Your credit score rating influences the amount of mortgage you qualify for. You may ...
read moreBank of Canada will maintain current level of policy rate until inflation objective is achieved, recalibrates its quantitative easing program
October 28, 2020 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. ...
read moreBank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing
September 9, 2020 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1 ...
read moreJuly 15 - 2020 Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing
July 15, 2020 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1 ...
read moreBank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve
June 3, 2020 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1 ...
read more
Bank of Canada maintains overnight rate target and unveils new market operations
April 15, 2020 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
The Bank of Canada today maintained its target for the overnight rate at ¼ percent, which the Bank considers its effective lower bound. The Bank Rate is correspondingly ½ percent and the ...
read more
Real Estate: How to Boost Your Credit Score Before Buying Applying for a Mortgage in Barrie, ON
January 21, 2020 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
For the vast majority of home buyers, obtaining a mortgage will be a vital part of the purchasing process. Of course, in order to be approved for that mortgage, you will need to ensure that your cre ...
read more
How Much House Can You Afford in Barrie, ON? Ask Yourself These Critical Questions to Find Out
December 31, 2019 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
It is the perennial question for every first-time homeowner. How much house can I afford? As with so many life-changing decisions, there is no one right answer to this common query, and the size of th ...
read more
3 Simple Ways to Repair Your Credit in Barrie, ON
December 24, 2019 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
For many Canadians looking to purchase a home, bad credit scores stand in the way of getting a mortgage. Most lenders prefer your score to be 650 or higher. If they do allow for lower credit scores, i ...
read more