Canadian Mortgage Agent, Syed Asif Raza

04/29/2026

BREAKING NEWS
The Bank of Canada has kept its key policy rate unchanged at 2.25%, as expected by markets.

12/11/2024

Bank of Canada reduces policy rate by 50 basis points to 3¼%
NEW PRIME RATE = 5.45%i

10/23/2024

BREAKING NEWS:
The Bank of Canada has lowered its policy rate by 50 bps to 3.75%

10/15/2024

Annual inflation falls to 1.6% in September, smallest yearly increase since 2021

10/11/2024

Ensure you download the APP OF THE YEAR FOR ALL YOUR MORTGAGE REQUIREMENTS.

Check out my free mortgage app. It includes everything you need to estimate your home ownership costs. You can also reach me at (416) 722-3356 or [email protected]

Download My Mortgage Planner and get access to all premium tools to help plan your mortgage.

10/08/2024

Mega Rate Cut is coming in Oct. 2024

04/11/2024

04/10/2024

The Bank of Canada held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening.

Banks Prime Rate: 7.20%

02/05/2024

Government extends ban on foreign buying of Canadian housing

The rule, which was first announced in 2022, will now be extended until the beginning of 2027. It bans foreign nationals and commercial enterprises from buying residential property in Canada, with exceptions for some international students, refugee claimants and temporary workers.

02/05/2024

Government extends ban on foreign buying of Canadian housing

The rule, which was first announced in 2022, will now be extended until the beginning of 2027. It bans foreign nationals and commercial enterprises from buying residential property in Canada, with exceptions for some international students, refugee claimants and temporary workers.

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