RIHANA PEIMANSep 251 min readRihana's Blog in EnglishOSFI's Surprise for Uninsured Mortgages when Switching LendersThe Office of the Superintendent of Financial Institutions (OSFI) says it will end the policy for lenders to apply the minimum qualifying...
RIHANA PEIMANJul 161 min readRihana's Blog in EnglishWhat is the difference between Mortgage Renewal and Refinancing?What is the difference between Mortgage Renewal and Refinancing?
RIHANA PEIMANJun 63 min readRihana's Blog in EnglishForecast 2024 | What Big Banks say about the Bank of Canada's First Rate Cut in 4 YearsRBC, BMO, TD, Scotiabank and CIBC each lowered their prime rates by 25 basis points upon the Bank of Canada's 1st rate cut on June 5 ,...
RIHANA PEIMANMay 261 min readRihana's Blog in EnglishBank of Canada's 2024 Schedule For Interest Rate AnnouncementsThe scheduled dates for the interest rate announcements for 2024 are as follows: Wednesday, January 24* Wednesday, March 6 Wednesday,...
RIHANA PEIMANJan 91 min readRihana's Blog in English2024 interest rate forecastThe Bank of Canada has a significant impact on interest rates, mainly through changes in its policy interest rate*. Most economists do...