by Tribe Financial | Jul 13, 2016 | Announcements, Blog, Mortgage
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Inflation in Canada is on track to return to 2 per cent in 2017 as the...
by Tribe Financial | Jul 7, 2016 | Announcements, Blog, Homeownership
Although no firm changes have been announced regarding mortgage regulations, it looks like this might be the beginning of something. The following is correspondence shared by Mortgage Professionals Canada by email to the mortgage industry, it has been shared here for...
by Tribe Financial | May 25, 2016 | Announcements, Blog, Mortgage
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. The global economy is evolving largely as the Bank projected in its April...
by Tribe Financial | Apr 13, 2016 | Announcements, Blog, Mortgage
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Growth in the global economy is expected to strengthen gradually from about...
by Tribe Financial | Mar 9, 2016 | Announcements, Blog, Mortgage
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. The global economy is progressing largely as the Bank anticipated in its...
by Tribe Financial | Jan 20, 2016 | Announcements, Blog, Economy, Mortgage
Amidst much speculation, the Bank of Canada announced today that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. It appears 2016 is picking up where 2015 left off,...