by REM Editorial Team | Jun 24, 2024 | News
The Bank of Canada (BoC)’s recent 25 basis point drop that lowered its key overnight lending rate to 4.75 per cent sparks the questions of if and when other rate drops will follow, and what the financial impact will be on the average five-year variable mortgage...
by REM Editorial Team | Nov 7, 2023 | News
Canadian homebuyers are getting some relief, as the national average home price dropped for the third consecutive month in September, to $741,400. Some local markets are seeing the same trend, including the GTA, Greater Vancouver, Montreal and Edmonton. However,...
