Andrew Said Mortgages

Andrew Said Mortgages Mortgage Agent Level 2 - Real Mortgage Associates Inc. FSRA #10464

03/12/2025

The Bank of Canada’s latest interest rate decision has been made today.

This morning, the Bank of Canada reduced its policy interest rate to 2.75%, a 25-basis point drop from January 2025. This move was widely anticipated in the capital markets and provides further impetus for resurgent housing market activity coast to coast, even in the face of geopolitical tensions.

If you have any questions about the recent decision, how this will impact your individual purchase/renewal or refinance, as well as any other mortgage related questions, I'm always here to provide guidance and help you make confident decisions, based on your personal goals.

10/23/2024

The Bank of Canada has lowered its policy rate by 50 bps to 3.75%. Prime rate is now 5.95%. Great news for buyers and rates trending in the right direction!

10/22/2024

Big talk from the Big bank about a big rate cut. Talks are prime rate could go down by 0.5%, bring the prime rate to 5.95%. Great news for people riding the variable. Fixed also looking like drops are near ahead.

For any questions about this or any other mortgage matters, feel free to contact me anytime on my page, 519-494-6181 or at [email protected].

Stay tuned for my post tomorrow in regards to the Bank of Canada announcement.

09/04/2024

Great news! Bank of Canada cuts rates by 0.25%. Great news for everyone as this should lead to better things ahead. If you have any questions, feel free to contact me at 519-494-6181

Bank of Canada held its key interest rate at 5%. Talks of the rate holding til the end of summer and potentially startin...
03/06/2024

Bank of Canada held its key interest rate at 5%. Talks of the rate holding til the end of summer and potentially starting to lower from there.

If you have any questions about this, your own mortgage or any other mortgage related topics, I'm always here to help and shed some light on the current market situation, either on here, via email at [email protected] or via phone at 519-494-6181.

Bank of Canada announcement tomorrow. Talks are saying they will hold firm. Update will be here tomorrow.
03/05/2024

Bank of Canada announcement tomorrow. Talks are saying they will hold firm. Update will be here tomorrow.

Rate announcement tomorrow. Based on talks and recent stats indicate a rate hold. Stay tuned til tomorrow
01/23/2024

Rate announcement tomorrow. Based on talks and recent stats indicate a rate hold. Stay tuned til tomorrow

Rates went up as expected. Reach out with any questions or concerns. Let's chat about your current situation.
06/07/2023

Rates went up as expected. Reach out with any questions or concerns. Let's chat about your current situation.

Bank of Canada Interest Rate Announcement on June 7, 2023. Let's see what happens after April inflation and Q1 economic ...
06/06/2023

Bank of Canada Interest Rate Announcement on June 7, 2023. Let's see what happens after April inflation and Q1 economic growth came in higher than forecasted.

Reach out with any questions about the rate announcement or any other mortgage questions you may have.

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Saint Thomas, ON

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