by Geri Janes | Mar 13, 2020 | Announcements, Blog
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¾ per cent. This is effective Monday, March 16, 2020. The bank rate is correspondingly one per cent, and the deposit rate is ½ per cent. This unscheduled rate decision is a...
by Geri Janes | Feb 20, 2020 | Announcements
Welcome, Kristen! We are very excited and proud to welcome Kristen Mancini to the Geri Janes team! Client turned colleague It’s the summer of 2019. Kristen and her fiance were on the lookout for the right mortgage broker to work with on buying their home. A few...
by Geri Janes | Dec 26, 2019 | Announcements, Economy, First Time Home Buyers, Homeownership, Mortgage
2019 wrap up As we reach the end of the decade, it’s hard not to look back and reflect on everything that’s changed over the past 10 years! We’ve seen economic struggles and recovery, market growth, and numerous changes to the mortgage process. We’ve also seen...
by Geri Janes | Jun 4, 2019 | Announcements, Blog, Mortgage
Welcome to our (still awesome) blog (and digital push) Deciding to purchase a home is likely one of the biggest decisions a person will make in their lifetime. First-time homebuyers are presented with a slew of new concepts and jargon, many of which are specific to...
by Geri Janes | Apr 30, 2019 | Announcements, Blog, Finance, Mortgage
Along with employment stability, and down payment/equity, your credit score and how you manage your credit is a huge factor in qualifying for a mortgage. If you want the best interest rates available on the market, the higher your credit score, the better. However, if...
by Geri Janes | 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...
