Category: Gail’s Vlogs

The Bank of Canada Announcement Dec 7 2022
Featured, Gail's Vlogs

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
Featured, Gail's Vlogs

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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