Jatinder Pabla - Mortgage Planner at Mortgage Architects

07/07/2023

Fixed rates are going up !!!

12/25/2022

Merry Christmas & Happy Holidays !!!

06/22/2022

Inflation hits 7.7% in May ... Interest Rates will Increase again on July 13th

The annual inflation rate skyrocketed to its highest level in nearly 40 years in May, fuelled by soaring gas prices, Statistics Canada said Wednesday.

06/01/2022

The Bank says it will continue to increase interest rates to combat inflation and they are “prepared to act more forcefully if needed to meet its commitment to achieve the 2% inflation target.”

06/01/2022

Bank of Canada hikes key interest rate by 50 basis points to 1.5 per cent

04/13/2022

Bank of Canada has increase the rate today by 0.50%. The prime rate will probably go up by the same amount and will be 3.20% now.

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%.

01/01/2022

Happy New Year everyone !!!

06/17/2021

Hiring New and Experienced agents to join our growing team.
- Excellent compensation
- One on one training to set you up on the right path.
- Shared office space to work
- Will guide you in presenting different deal scenarios to the lenders

06/17/2021

Prices fell around 1.1% and these guys already claiming that the market is cooling down. It's stabilizing which is normally the story every summer as more inventory comes to the market.

The Bank of Canada is starting to see signs that the country's red hot housing market is cooling down, although a return to a normality will take time, Governor Tiff Macklem said on Wednesday.

06/17/2021

Inflation is going up which means prices of everything have gone up

The data agency said in a news release Wednesday that the cost of just about everything is going up at a much faster pace than usual, from shelter and vehicles, to food, energy and consumer goods.

05/15/2021

Larry Sarbit: The parallels to the late 1990s have never been so stark

05/01/2021

Talking about Canadian House prices and bubble bursting is a popular topic but not everyone knows the factors driving up these prices.

These prices are here to stay unless until the inflation jumps resulting in higher interest rates or the supply increases to exceed demand or the economy tanks forcing people to sell.

Soaring real estate prices can have serious economic consequences, but the market incentives that drove them there aren’t likely to go away overnight – even when the pandemic panic subsides