Majid Habibi
  • Home
  • About
  • Mortgage Application
  • Calculator
  • Blog
  • Contact
Select Page
Have an Insured Mortgage? How Could CMHC Changes Affect You?

Have an Insured Mortgage? How Could CMHC Changes Affect You?

by Majid Habibi | Jun 5, 2020 | Announcements, Blog, CMHC, Mortgage

The COVID-19 pandemic is having an impact on all sectors of Canada’s economy, including housing. Job losses, business closures and a drop in immigration are adversely affecting Canada’s housing markets, and CMHC foresees a 9% to 18% decrease in house prices over the...
Bank of Canada Rate Announcement Dec 4th, 2019

Bank of Canada Rate Announcement Dec 4th, 2019

by Majid Habibi | Dec 6, 2019 | Announcements, Blog

Bank of Canada maintains overnight rate target at 1 ¾ percent The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. The Bank’s October projection for global...
Bank of Canada Rate Announcement Dec 4th, 2019

Bank of Canada Rate Announcement Oct 30th, 2019

by Majid Habibi | Oct 30, 2019 | Announcements, Blog, CMHC

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. The outlook for the global economy has weakened further since the Bank’s July Monetary Policy Report...
Bank of Canada Rate Announcement Dec 4th, 2019

Bank of Canada Rate Announcement July 11th, 2018

by Majid Habibi | Jul 11, 2018 | Announcements, Blog, Mortgage

The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent. The Bank expects the global economy to grow by about 3 ¾ per cent in 2018 and 3 ½ per cent in...
What you Need to Know About the Latest Mortgage Rule Changes

What you Need to Know About the Latest Mortgage Rule Changes

by Majid Habibi | Oct 17, 2017 | Announcements, Blog, Economy, Finance, Mortgage

If you’ve tuned into the news today, you’ve probably heard that there are new mortgage rules coming into effect on January 1st. 2018. Over the next week you’ll most likely hear a lot of commentary on whether these rules are good, bad, necessary, or...
CMHC to Increase Mortgage Insurance Premiums in March 2017

CMHC to Increase Mortgage Insurance Premiums in March 2017

by Majid Habibi | Jan 17, 2017 | Announcements, Blog, CMHC, Homeownership

The Canadian Mortgage and Housing Corporation announced this morning that they will be increasing mortgage insurance premiums on March 17th 2017. They were quick to outline that the changes would only amount to roughly a $5 increase per month for borrowers. Which was...
« Older Entries

Recent Posts

  • What’s an Alternative Mortgage Lender?
  • Fresh Financial Start to a New Year
  • Don’t Forget Monthly Carrying Costs When Buying a Home
  • How Do I Know How Much I Can Spend on a Home?
  • Becoming a First-Time Homebuyer & Landlord at Once

Categories

  • Announcements
  • Blog
  • CMHC
  • Economy
  • Finance
  • Guest Post
  • Homeownership
  • Mortgage
  • Productivity
  • Video
  • Facebook

Designed by Elegant Themes | Powered by WordPress

Copyright © 2021 Tribe Financial Group. All Rights Reserved. Privacy and Content Notice. Broker License #12782.