Rosy Asef Real Estate and Mortgage

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Following a historically slow spring season a time that is known for being bustling for real estate Canadian homebuyers returned to markets across the country to take advantage of low-interest rates during the post-lockdown period, even within the luxury home sector. Subsequently, a number of major Canadian real estate markets saw unprecedented demand for homes priced over $1 million in 2020, a trend that’s expected to continue through 2021, especially as consumer confide...Continue reading

The Bank of Canada today held its target for the overnight rate at the effective lower bound of percent, with the Bank Rate at percent and the deposit rate at percent. The Bank is maintaining its extraordinary forward guidance, reinforced and supplemented by its quantitative easing (QE) program, which continues at its current pace of at least $4 billion per week. The COVID-19 pandemic continues to take a severe human and economic toll in Canada and around the world. The...Continue reading

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