July 30 - 2025 - Bank of Canada holds policy rate at 2.75%

July 30 - 2025 - Bank of Canada holds policy rate at 2.75%

July 30, 2025 | Posted by: Shirl Funk

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. While some elements of US trade policy have started to become m ...

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Navigating Winnipeg's Real Estate Market: June 2025 CMHC Insights

Navigating Winnipeg's Real Estate Market: June 2025 CMHC Insights

July 28, 2025 | Posted by: Shirl Funk

As a homeowner in Winnipeg, Manitoba, it's essential to keep a pulse on the current state of the real estate market. The latest CMHC housing stats for June 2025 reveal key insights about the local mar ...

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Mid-Year 2025 Winnipeg Housing Snapshot, 5 Smart Mortgage Strategies

Mid-Year 2025 Winnipeg Housing Snapshot, 5 Smart Mortgage Strategies

July 8, 2025 | Posted by: Shirl Funk

Mid-Year 2025 Winnipeg Housing Snapshot, 5 Mortgage Strategies as Inventory Climbs and Rates Ease Winnipeg’s real-estate scoreboard for the first half of 2025 is finally in, and it tells a ta ...

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Bank of Canada June Rate Hold: Mortgage Strategy 2025

Bank of Canada June Rate Hold: Mortgage Strategy 2025

June 23, 2025 | Posted by: Shirl Funk

Why the June Rate Hold Matters On June 4 2025, the Bank of Canada (BoC) left its overnight rate unchanged at 2.75 % for the fourth meeting in a row (Source: Bank of Canada press release, June 4 202 ...

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Why the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages

Why the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages

June 8, 2025 | Posted by: Shirl Funk

If you've been waiting for interest rates to drop before locking in a mortgage, you're not alone. On June 5, 2025, the Bank of Canada (BoC) decided to hold its overnight lending rate at 4.75%, marking ...

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June 4-2025 - Bank of Canada holds policy rate at 2.75%

June 4-2025 - Bank of Canada holds policy rate at 2.75%

June 4, 2025 | Posted by: Shirl Funk

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. Since the April Monetary Policy Report, the US administration h ...

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Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates

Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates

May 17, 2025 | Posted by: Shirl Funk

If you're among the thousands of Canadian homeowners with a mortgage renewal coming up in 2025, you might already be concerned about what rising interest rates could mean for your monthly payments. Du ...

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Mortgage Renewals in Early 2025 – Where Might Rates End Up?

Mortgage Renewals in Early 2025 – Where Might Rates End Up?

May 4, 2025 | Posted by: Shirl Funk

A friendly guide for Canadian homeowners who are about to renegotiate one of the biggest contracts of their lives. Introduction - Why Everyone Is Talking About 2025 Renewals If your mortgage is co ...

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April 16 - 2025 - Bank of Canada holds policy rate at 2.75%

April 16 - 2025 - Bank of Canada holds policy rate at 2.75%

April 16, 2025 | Posted by: Shirl Funk

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The major shift in direction of US trade policy a ...

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Tariffs and Their Effect on Interest Rates: What Canadian Homeowners Should Know

Tariffs and Their Effect on Interest Rates: What Canadian Homeowners Should Know

April 5, 2025 | Posted by: Shirl Funk

You might be surprised to learn how tariffs-taxes on imported goods-can affect your mortgage or home-buying plans. Tariffs can indirectly influence interest rates, which impacts mortgage payments and ...

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