OSFI Set To Tighten Banking Regulation (mailchi.mp)

Canadian Inflation Falls To 4.3% y/y in March–Lowest Level Since August 2021 (mailchi.mp)

Bank of Canada Holds Policy Rate At 4.5% (mailchi.mp)

Bank of Canada to hold rates steady at 4.50% through this year | Reuters

For Immediate Release   Entrust Mortgage Broker, Steven Brouwer, Ranked 3rd Best in Canada for 2022 on Rate-My-Agent.com Chilliwack, BC – Steven Brouwer of Entrust Mortgage has been ranked the 3rd  Mortgage Broker in Canada for 2022 by Rate-My-Agent.com. The review site analyzes all the ratings and reviews on the site to compile a list […]

Canadian Inflation Slows in January Assuring a Rate Pause At March 8 BoC Meeting (mailchi.mp)

Mortgages and Corporations. If you are a self-employed client who owns your own business, you may have chosen to set that business up as a corporation. This means the business operates as essentially its own person. They have income through business revenue and expenses from marketing costs, materials, office space, etc. When it comes to […]

Why Are Mortgage Rates Rising?   Over the past month, the Bank of Canada has lowered its overnight rate by a whopping 1.5 percentage points to a mere 0.25%. Many people expected mortgage rates to fall equivalently. The banks have reduced prime rates by the full 150 basis points (bps). But, since the second Bank […]

A word of caution before you defer your mortgage payments amid the COVID-19 pandemic: it will cost you in the long run. Remember, a deferral isn’t mortgage payment forgiveness. There seemed to be a collective sigh of relief when Finance Minister Bill Morneau, after consultation with the big banks, highlighted potential mortgage payment and credit card deferrals would […]