Chris Cavaghan Mortgage Consultant

Chris Cavaghan Mortgage Consultant Chris Cavaghan is a Mortgage Consultant with Dominion Lending Centres - Modern Mortgage Group

Visit www.chriscavaghan.ca.

Follow Chris on Twitter www.twitter.com/chriscavaghan

03/18/2026

Bank of Canada Holds Policy Rate Steady Today, the Bank of Canada once again held the policy rate steady at 2.25%. This is the bottom of the Bank’s estimate of the neutral overnight rate, where monetary policy is neither expansionary nor contractionary. With inflation hovering just under 2% and co...

01/28/2026

Central bank kicks off the year with a hotly anticipated announcement

01/29/2025

Bank of Canada Cuts Policy Rate By 25 BPs The Bank of Canada (BoC) reduced the overnight rate by 25 basis points this morning, bringing the policy rate down to 3.0%. The market had anticipated a nearly 98% chance of this 25 basis point reduction, and consensus aligned with this expectation. The Fede...

12/11/2024

The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of rate cuts moving forward.

09/16/2024

The federal government has unveiled sweeping changes to Canada's mortgage system, calling them the "boldest reforms in decades."

09/04/2024

The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%.

08/20/2024

More Good News On The Canadian Inflation Front Inflation in Canada decelerated once again in July to its slowest pace in three years, assuring the central bank will cut rates for the third consecutive meeting on September 4. The US is also widely expected to begin easing monetary policy at its Septe...

07/24/2024

The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, a move that was widely expected by economists.

06/05/2024

The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank's first rate cut since March 2020.

03/19/2024

The Consumer Price Index (CPI) rose 2.8% year-over-year in February, down from the 2.9% January pace and much slower than the 3.1% expected rate. Gasoline prices rose in Canada for the first time in five months, which led many analysts to forecast a rise in February inflation as seen in the US. Howe...

02/20/2024

Canadian Inflation Falls to 2.9% in January, Boosting Rate Cut Prospects The Consumer Price Index (CPI) rose 2.9% year-over-year in January, down sharply from December’s 3.4% reading. The most significant contributor to the deceleration was a 4% decline in y/y gasoline prices, compared to a 1.4% r...

Address

207-3531 Uptown Boulevard
Saanich, BC
V8Z0B9

Telephone

+12503812589

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