Seize the Opportunity: Canada’s Housing Market Poised for an Early Rebound
Canada’s real estate landscape is on the brink of a significant shift, with early signs of recovery in sight, according to a recent analysis by a prominent Canadian real estate firm. Phil Soper, CEO of Royal LePage, challenges the prevalent view that the housing market will only recover following a reduction in the Bank of […]
Navigating the Ottawa Real Estate Market: Top 10 New Year’s Resolutions for 2024
Welcome to 2024! For those navigating the Ottawa real estate market, the new year is an ideal time to set clear goals and map out a plan for success. At TopRankinMortgages, under the expert guidance of Sean Rankin, we’re committed to helping you understand and thrive in this dynamic market. Whether you’re buying, selling, or […]
Anticipation in the Air: Fed’s Rate Hold Signals Change on the Horizon
In an economic climate brimming with anticipation, the Federal Reserve has held its key interest rate steady, a move that suggests the era of aggressive rate hikes may be waning. With the rate sustained at 5.25% to 5.50%, the highest in over two decades, the decision underscores a strategic pause in monetary policy tightening, even […]
Bank of Canada Maintains Interest Rate at 5% Amid Economic Slowdown
In a key decision on December 6, 2023, the Bank of Canada, under Governor Tiff Macklem, opted to keep the overnight interest rate steady at 5%. This move, aligning with the predictions of economists and market trends, comes in response to signs of a slowing economy and increasing unemployment rates. While the Bank acknowledges a […]
