Olena Mortgage
204-46 Antares Drive K2E7Z1 Ottawa, ON, Canada

Happy Easter everyone!

Good article to know about pre-approvals! https://www.mortgageoutlet.ca/mortgage-pre-approvals-shoul/

Ahead of the Bank of Canada’s policy announced on January 19 a new Finder survey has revealed that the vast majority of economists believe that the central bank will hold the rate at 0.25% - possibly for three years. Around 69% of the economists polled projected the next rate move to be at least two years from now, while 31% said that the rate will hold until early 2024. As for the direction of the movement, 87.5% of economists believe that the next rate adjustment will be upward. Only 12.5% of those surveyed have forecasted a drop in rates before they rise again.

Wishing you and your loved ones peace, health, happiness and prosperity in the New 2021 Year!

Wishing you Happy Holiday and Joyful New Year! Stay safe!

Bank of Canada Hints at No Interest Rate Hikes Until 2023 https://www.bankofcanada.ca//10/fad-press-release-2020-10/

Нарру Thanksgiving Stay safe!

Qualification rate fell to 4.79 https://www.ctvnews.ca//key-mortgage-stress-test-rate-ease

GENWORTH AND CANADA GUARANTEE CONFIRMS THAT THEY DO NOT PLAN TO CHANGE THEIR UNDERWRITING POLICY

Not a good news for insured mortgages will start on July 1stIf you planning to purchase a property and put less then 20% down do it now https://www.cmhc-schl.gc.ca//cmhc-reviews-underwriting-cri