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Bank of Canada Rate Announcement Jan 9th, 2019

Bank of Canada Rate Announcement Jan 9th, 2019

by Tribe Financial | Jan 9, 2019 | Announcements, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic expansion continues to moderate, with growth forecast to slow to 3.4 per cent...
A Conversation About Mortgage Pre-approvals

A Conversation About Mortgage Pre-approvals

by Tribe Financial | Jan 2, 2019 | Blog, Homeownership, Mortgage

Thinking of buying a property, but don’t know where to start? Well… that’s where a mortgage pre-approval comes in. Start here. Just like you wouldn’t go into a restaurant without having enough money to buy your meal, so you shouldn’t...
Can I Give Someone The Downpayment to Buy My House?

Can I Give Someone The Downpayment to Buy My House?

by Tribe Financial | Dec 18, 2018 | Blog, Mortgage

Although it might not always be this straightforward, the question “Can I give someone the downpayment to buy my house?” presents itself in many different ways. And the answer to all of them is no, well… except in one circumstance, but we will get to...
Should You Keep a Small Balance on Your Credit Card?

Should You Keep a Small Balance on Your Credit Card?

by Tribe Financial | Dec 11, 2018 | Blog

Recently the good people over at Nest Wealth published an article called “The Worst Money Advice We’ve Ever Heard”. On the list was “Always keep a small balance on your credit card”. What they have to say on the subject is spot on:...
Bank of Canada Rate Announcement Dec 5th, 2018

Bank of Canada Rate Announcement Dec 5th, 2018

by Tribe Financial | Dec 5, 2018 | Announcements, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic expansion is moderating largely as expected, but signs are emerging that trade...
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