Stephanie Medeiros -TD Mobile Mortgage Specialist

06/11/2024

The Bank of Canada has announced it is cutting its overnight lending rate for the first time since early in the pandemic, to 4.75%.

What does this decision mean for homeowners and potential homebuyers?

Many Canadians, especially first-time homebuyers and existing homeowners looking to renew their mortgage, have been watching the central bank's rate decisions carefully, as they affect the rate at which Canadian banks can lend money for loans like mortgages.

Check out the link below to learn more about the decision and what future rate cuts from the Bank of Canada could mean for homeowners and homebuyers. http://spr.ly/61845jFQC

06/05/2024

http://spr.ly/61895BRFz

05/21/2024

Home hunt with more confidence knowing how much you may be able to afford. Try the Mortgage Affordability Calculator today. http://spr.ly/6185dStzN

04/16/2024

TD economist James Orlando breaks down what the Bank of Canada’s latest rate announcement means for mortgages and other loans. Here’s how the 5% rate hold could affect you.

04/16/2024

With a new TD Mortgage, get up to $4,100. Conditions apply. Offer ends Oct. 31, 2024. Contact a TD Mortgage Specialist today. Learn more http://spr.ly/6181b8AGW

03/04/2024

Thinking Of Buying, Refinancing and or Transferring from another institution? Give me a call and take advantage of our Spring Money Out campaign.

05/17/2023

12/07/2022

https://www.thestar.com/business/2022/12/07/bank-of-canada-raises-key-interest-rate-to-425.html

It’s the seventh consecutive increase since the Bank began hiking rates in March in a bid to curb runaway inflation.

09/07/2022

The Bank Of Canada has raised its key Interest Rate by 0.75%. Bringing the benchmark to 3.25%.

If you have any questions please let me know.

The Bank of Canada today increased its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%.

09/07/2022

https://twitter.com/TD_Canada/status/1567538813068627970

“With interest rates on the rise and home sales in many cities across the country slowing, house hunters have lots to think through as they search for a home. https://t.co/jjTdIBjOtD”

06/01/2022

https://www.bankofcanada.ca/2022/04/fad-press-release-2022-04-13/

The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%.