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Here you will Victoria, BC and Canadian mortgage trends, news and information. We are your Mortgage Broker Victoria, so please feel free to contact us for any more details on the ever-changing mortgage market. Whether you are a first time buyer, a business owner or a sophisticated investor we have a wide range of quality products available to ensure you get the ideal mortgage product for your unique goals and financial situation.


Bank of Canada will keep present level of policy rate until inflation objective is achieved, recalibrates its quantitative easing programThe Bank of Canada today maintained the target of its for the overnight price on the highly effective lower bound of ¼ %, with the Bank Rate at ½ % along with the deposit rate at

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The Canadian national mortgage benchmark qualifying rate, or stress-test rate, has dropped for the second time in the past three months after 5-year fixed posted rate cuts by Canada’s major banks. The qualifying rate is now 4.79%, down from 4.94%. The current benchmark rate of 4.79% is just 0.15% above the all-time 2017 low of 4.64%. 4.79%

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On Friday afternoon March 13, 2020, Canadian policymakers from the Department of Finance, the Bank of Canada and the Office of the Superintendent of Financial Institutions (OSFI) announced a coordinated response to alleviate economic stress caused by the COVID-19 pandemic. The emergency measures, which are intended to ensure that the Canadian financial system has sufficient liquidity,

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