Ray Rochefort, Broker DLC Forest City Funding - 10671

03/12/2025

11/05/2024

https://www.canadianmortgagetrends.com/2024/11/bank-of-canada-expected-to-cut-rates-by-100-bps-before-pausing-financial-experts-say/

Financial experts expect the Bank of Canada to cut rates by 100 basis points by the middle of 2025, with no further reductions thereafter.

10/23/2024

FInally a BIG move by the Bank of Canada giving much needed relief for those with lines of credit, variable rate mortgage and loans tied to Prime. For every $100,000 there's a monthly interest of about $42/ month!

07/24/2024

Good news for interest rates!

06/05/2024

Finally a break in interest rates. It won't make a big difference in your payments, but it's going the the right direction for sure!
On a $100,000 line of credit or variable rate mortgage, it means a savings of just over $20 or so. It's a good start!

05/01/2024

Fixed mortgage rates are rising. What's the deal?
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04/30/2024

Bank of Canada signals it could start lowering interest rates
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The Bank of Canada is considering a possible interest rate cut in June but wants more certainty before making a decision. Economic data shows progress on inflation, but the bank is cautious and waiting for more evidence. Economists expect a rate cut around mid-year if underlying inflation continues....

04/29/2024

Spring Housing Surge May Delay Bank of Canada Rate Cuts

04/28/2024

Spring housing market looms over the Bank of Canada's rate decision.
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Experts are concerned about the spring housing market potentially overheating as the Bank of Canada prepares for its interest rate decision. The market is showing mixed signals, with some regions seeing increased home sales and prices, while others are experiencing declines. The Bank is monitoring t...

04/27/2024

Canadian mortgage agency predicts record-high home prices in 2025-26
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