The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. – Bank of Canada
Month: July 2021
7
Jul
CMHC UPDATE
Posted by: Croydon DeMello
CMHC has lowered their requirement for at least one borrower on a mortgage application to have at a 600 beacon credit score and increased qualifying ratios back to 39% (GDS) & 44% (TDS)
7
Jul
Summary of TRREB MLS® Sales for the GTA and Average Price June 1 to June 30, 2021
Posted by: Croydon DeMello
Sales 11,106
Average Price $1,089,536
New Listings 16,189