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Simon Bilodeau
- Mar 10
- 2 min
The Bank of Canada keep interest rate steady
On March 8th 2023, the Bank of Canada (BoC) announced that it will be keeping the interest rate steady at 4.5%, marking the first break...
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Simon Bilodeau - Mortgage Broker
- Jan 27
- 4 min
Last interest rate hike of the cycle?
Today, January 25, 2023, the Bank of Canada (BoC) held a meeting to discuss interest rates. The decision was to raise rates by 0.25%...
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Simon Bilodeau
- Dec 7, 2022
- 6 min
Last Interest Raise of an Historic Year
Today, December 7, the Bank of Canada (BoC) held a meeting to discuss interest rates. The decision was to raise rates by 0.5% again. We...
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Simon Bilodeau
- Dec 7, 2022
- 3 min
Variable rate, Trigger Rate and Trigger Point
With all the increases we have had this year (2022), it becomes important to understand the effects on variable rate mortgages. For those...
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Simon Bilodeau
- Nov 2, 2022
- 8 min
Bank of Canada raise interest rate again!
On October 26th, the Bank of Canada (BoC) held a meeting to discuss interest rates. The decision was to increase rates by 0.5%. We are...
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Simon Bilodeau
- Aug 4, 2022
- 5 min
We continue the Historic rise of Interest rates with an oversized 1% hike!
Today, the Bank of Canada (BoC) held a meeting to discuss interest rates. The decision was to increase rates by 1.0%. This increase is...
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Simon Bilodeau
- Jun 1, 2022
- 4 min
Historic rise of interest rate of 0.5%
Today, the Bank of Canada (BoC) held a meeting to discuss interest rates. The decision was to increase rates by 0.5%. This increase is...
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Simon Bilodeau
- Mar 2, 2022
- 3 min
Bank of Canada Raise Interest Rates
Today, the Bank of Canada (BoC) held a meeting to discuss interest rates. The decision was to increase the rates by 0.25%. This is the...
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Simon Bilodeau - Mortgage Broker
- Jan 26, 2022
- 2 min
Bank of Canada Hold rate Steady
Bank of Canada keep interest rate constant.
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Simon Bilodeau - Mortgage Broker
- Apr 5, 2021
- 2 min
Fixed Rate Vs Variable Rate Mortgage
If you are looking for a short answer on Fixed vs Variable the short answer is Variable. However, if you want to understand why, just...
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Simon Bilodeau
- Oct 26, 2020
- 3 min
How Real Estate Can Save Your Retirement
For majority of people retirement sounds like a dream. The hope is that you can leave your 9-5 job in the rear view mirror, pack up and...
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