Category: Gail’s Vlogs

The Bank of Canada Announcement Dec 7 2022
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The Bank of Canada Announcement Dec 7 2022

The Bank of Canada raised its key lending rate by 0.50% today. This is the 7th consecutive increase by the Bank of Canada and means most lenders will raise their prime rate to 6.45% 💰What does this mean for you? Let’s review our short video. While the lending rates are changing, there are always options […]

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Bank of Canada Announcement Oct 26 2022
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Bank of Canada Announcement Oct 26 2022

The Bank of Canada raised its key lending rate by 0.50% today. This is the 6th consecutive increase by the Bank of Canada and means most lenders will raise their prime rate to 5.95% This is an increase of $26 for every $100,000 of your mortgage. We are in unprecedented times with persistent inflation that […]

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Bank of Canada Announcement Sept 7, 2022
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Bank of Canada Announcement Sept 7, 2022

The Bank of Canada raised its key lending rate by 0.75% today. This means most lenders will raise their prime rate to 5.45%. Watch the video below to learn how this will affect your mortgage. Now more than ever, it’s important to have a solid mortgage advisor to help you navigate the complexities of the […]

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Do you receive the Child Tax Credit?
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Do you receive the Child Tax Credit?

Do you have kids under the age of 15? If so, I have good news! There are many sources of income that can help you qualify for a mortgage and the Child Tax Benefit is one of those sources. If you receive this benefit let’s talk about how it can help you! At Gail Sylvester […]

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