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At Cameron Mortgages, we’re here to support you beyond your mortgage commitment. Our blog keeps you informed with the latest on interest rates, homeownership policies, and money-saving tips. Stay updated and empowered with insights for buying, owning, or refinancing your home!
Bank of Canada Shocks with 100 bps Rate Hike
Super-Sized Rate Hike, Signalling More to Come The Governing Council of the Bank of Canada raised its target for the overnight policy rate by a full percentage point to 2-1/2%. The Bank is also continuing its policy of quantitative tightening (QT), reducing its...
Inflation Surge is No Need for Hysteria
StatsCanada today reported that consumer price inflation rose to 4.7% from year-ago levels in October, compared to 4.4% in September. This is in line with market expectations and is well below the US's 6.2% pace reported for the same period. Inflation is rising all...
5 Mortgage Approval Roadblocks
So you’ve decided you’re ready to take the big step to purchase a new home or you want to refinance your existing property. Here are 5 mortgage approval roadblocks to avoid along your mortgage journey. Whether you are a first-time homebuyer or an experienced...
Bank of Canada Responds To Mounting Inflation
Bank of Canada Responds To Mounting Inflation: Ends QE and Hastens Timing of Rate Hike Bank of Canada - 234 Wellington Street The Bank of Canada surprised markets today with a more hawkish stance on inflation and the economy. The Bank released its widely anticipated...
Things Not To Do Before Your Mortgage Closes
Many home buyers and people refinancing sometimes get complacent once they get a mortgage approval. They assume the approval is set in stone. But that’s not the case. There are at least five things you should not do before you close on your mortgage. The mortgage...
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