Barrie Mortgage Blog

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Category: Financing (5 posts)

Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve

Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve

June 3, 2020 | Posted by: Roar Solutions

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 ...

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Bank of Canada maintains overnight rate target and unveils new market operations

Bank of Canada maintains overnight rate target and unveils new market operations

April 15, 2020 | Posted by: Roar Solutions

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 ...

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Real Estate: How to Boost Your Credit Score Before Buying Applying for a Mortgage in Barrie, ON

Real Estate: How to Boost Your Credit Score Before Buying Applying for a Mortgage in Barrie, ON

January 21, 2020 | Posted by: Della Dwyer

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 ...

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How Much House Can You Afford in Barrie, ON? Ask Yourself These Critical Questions to Find Out

How Much House Can You Afford in Barrie, ON? Ask Yourself These Critical Questions to Find Out

December 31, 2019 | Posted by: Della Dwyer

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 ...

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3 Simple Ways to Repair Your Credit in Barrie, ON

3 Simple Ways to Repair Your Credit in Barrie, ON

December 24, 2019 | Posted by: Della Dwyer

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 ...

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