Laura Krause Mortgage Broker

03/12/2025

BANK OF CANADA CUTS 25PTS.

01/29/2025

Bank of Canada cuts another 25pts

12/12/2024

BANK OF CANADA CUTS RATE BY ANOTHER 50 PTS on December 11/24..

09/04/2024

BANK OF CANADA DROPS RATE ANOTHER 25 PTS, TO 4.25%, AS EXPECTED.

07/24/2024

Bank of Canada cuts key interest rate to 4.5%

06/05/2024

YES......The Bank of Canada cut its benchmark interest rate by 25 basis points on Wednesday, the first reduction in more than four years, bringing its policy rate to 4.75 per cent.

04/12/2024

➡️➡️What's your opinion on the Feds increasing the allowable RRSP withdrawal for home purchase from 35k to 60k, allowing borrowers up to 5yrs, not 2 yrs, to start paying back their rrsp and increasing amortization from 25 yrs to 30 yrs? Keep in mind this only applies to 'new builds'.⬅️⬅️

06/07/2023

The rumblings of 25pts rise in Prime has occurred.

04/21/2023

What????

Experts say an “unprecedented” overhaul of mortgage fees would result in higher payments for most buyers.

03/08/2023

Well, had a little internet connection issue but here it is....prime rate held, no increase. This should make all of us breathe a little and especially when relating to helocs, loc and variable rate mortgages. More details below.

The Bank of Canada left its benchmark interest rate unchanged on Wednesday, marking a pause in its aggressive campaign to raise the cost of borrowing and tackle inflation.

01/17/2023

Canada's annual inflation rate cooled to 6.3 per cent in December, its lowest level since February. Statistics Canada reported Tuesday that the deceleration in the cost of living was mostly due to a 13 per cent decrease in the price of gasoline, which saw its biggest one-month plunge since April of 2020.

12/21/2022

BEST WISHES TO ALL! MAY THIS HOLIDAY SEASON BRING ONLY HAPPINESS AND JOY TO YOU, YOUR FAMILY AND FRIENDS.