25 Aug

Discount to Variable is going away again!

General

Posted by: Jill Couture

We just recently saw the big discounts to Variable rate come back and just as quickly we are once again saying goodbye to them.  This is a result of the global economy and Canada decision to keep the overnight lending rate as is.  Canada will not be increasing the over night lending rate while there […]

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22 Aug

Looks as though rates will remain low until 2012 Q2

General

Posted by: Jill Couture

Carney and Flaherty Urge Calm Calm and caution were the key messages delivered by Mark Carney and Jim Flaherty to Parliament in response to the recent turmoil in world markets. To combat swirling rumours of a looming recession, the two men together addressed Parliament.  Neither man expects to see a global contraction. In terms of […]

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