Jenna Mullins - Mortgage Broker

10/23/2024

Fantastic news for variable rate mortgage holders! Half a point reduction announced this morning 📈💰🏡

The Bank of Canada has lowered its key interest rate to 3.75 per cent with a 50 basis-point cut, twice the size of the previous cut.

12/15/2023

12/07/2023

Toys for Tots to Teens, wonderful job done by the volunteers who made this event happen! 🎄🎁

12/06/2023

Some optimistic projections here for variable rate mortgage holders📉

The Bank of Canada Held Rates Steady and Took A More Neutral Tone It was widely expected that the Bank of Canada would maintain its key policy rate at 5% for the third consecutive time. It will continue to sell government securities (quantitative tightening) to normalize its balance sheet. Market pa...

09/06/2023

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening.

07/12/2023

Another 0.25% increase to lending prime rate today.

Interest Rates Will Stay Higher For Longer The Bank of Canada increased the overnight policy rate by 25 basis points this morning to 5.0%, its highest level since March 2001. Never before has a policy action been so widely expected. Still, the Bank’s detailed outlook in the July Monetary Policy Re...

05/04/2023

Thank you for your nominations, friends! On to the voting round ☺️ Great way to support and recognize our local favourites!

https://bestof.pentictonnow.com/votes/?fbclid=IwAR0VSk4I6QGi45bULlddid0stkGFZwf3BxaR_v0PL6JDCTLDPHqIZepYo3E

04/04/2023

Huge Thank You for the 2023 Best of Penticton nomination in the Best Mortgage Broker category! Nominations continue until April 14 for anyone looking to boost their favorite local businesses, link below ☺️

https://bestof.pentictonnow.com/nominations/

03/07/2023

Anticipating a stall on rate increases from the Bank of Canada at tomorrow’s announcement 🤞🏻

After eight consecutive rate increases, central bank officials believe they’ve done enough to get inflation back under control