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Real estate and rates News for November 2023
The Metro Vancouver Real Estate Market In October 2023,1996 homes sold in the greater Vancouver area, this is 3.7% more homes than last...

Simon Bilodeau
Nov 10, 20234 min read
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Bank of Canada continues to pause
This morning, October 26, 2023, the Bank of Canada (BoC) announced that it will maintain the interest rate at 5.0%, marking the second...

Simon Bilodeau
Oct 26, 20232 min read
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The Bank of Canada hit the pause button again!
This morning, September 6th 2023, the Bank of Canada (BoC) announced that it will be keeping the interest rate steady at 5.0%, marking...

Simon Bilodeau
Sep 6, 20232 min read
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Interest rates rises again!
I would like to share with you the latest news regarding the Bank of Canada (BoC) and its recent decision to once again raise interest...

Simon Bilodeau
Jul 12, 20233 min read
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Surprise interest rate hike!
Today, the Bank of Canada (BoC) made a significant decision to increase the target for the overnight rate by 0.25%. According to the...

Simon Bilodeau
Jun 7, 20233 min read
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Bank of Canada keep rate steady for the second time
On April 12th 2023, the Bank of Canada (BoC) announced that it will be keeping the interest rate steady at 4.5%, marking the second...

Simon Bilodeau
Apr 12, 20232 min read
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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...

Simon Bilodeau
Mar 10, 20232 min read
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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%...

Simon Bilodeau - Mortgage Broker
Jan 27, 20234 min read
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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...

Simon Bilodeau
Dec 7, 20226 min read
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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...

Simon Bilodeau
Dec 7, 20223 min read
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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...

Simon Bilodeau
Nov 2, 20228 min read
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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...

Simon Bilodeau
Aug 4, 20225 min read
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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...

Simon Bilodeau
Jun 1, 20224 min read
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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...

Simon Bilodeau
Mar 2, 20223 min read
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Bank of Canada Hold rate Steady
Bank of Canada keep interest rate constant.

Simon Bilodeau - Mortgage Broker
Jan 26, 20222 min read
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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...

Simon Bilodeau - Mortgage Broker
Apr 5, 20212 min read
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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...

Simon Bilodeau
Oct 26, 20203 min read
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