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Category: Announcements (12 posts)

Bank of Canada Mortgage Rate Announcement - March 2021

Bank of Canada Mortgage Rate Announcement - March 2021

March 15, 2021 | Posted by: Ron Chan

The Bank of Canada (BoC) made its quarterly announcement last week. To allow for the real estate market to adjust we have waited the required days before providing our breakdown of the update and ho ... [read more]

Winnipeg Mortgage Rates Today - Set to Rise Tomorrow?

Winnipeg Mortgage Rates Today - Set to Rise Tomorrow?

February 23, 2021 | Posted by: Ron Chan

At the end of 2020 we released our mortgage predictions for 2021. Within this press release we stated that mortgage rates will rise after the midpoint of the year ahead. While the Bank of Canada ove ... [read more]

Hottest Real Estate Market in Canada - Why Buy Winnipeg

Hottest Real Estate Market in Canada - Why Buy Winnipeg

February 15, 2021 | Posted by: Ron Chan

If you’ve been following real estate news updates throughout 2020 and into 2021 (thus far) then you know one undeniable truth - Winnipeg has the hottest real estate market in Canada. Below is ev ... [read more]

Bank of Canada Mortgage Rate Announcement - January 2021

Bank of Canada Mortgage Rate Announcement - January 2021

January 25, 2021 | Posted by: Ron Chan

As a follow up to the earlier Bank of Canada Economic Outlook Report for 2021 the BoC has made its first interest rate announcement of the year. Did it go as expected? Will our corresponding mortgag ... [read more]

Winnipeg Real Estate News Updates - January 2021

Winnipeg Real Estate News Updates - January 2021

January 18, 2021 | Posted by: Ron Chan

With our mortgage predictions for 2021 ready for home buyers to reference, we now turn our attention to some facts that are already in the books when it comes to the Winnipeg real estate market. Wha ... [read more]

Bank of Canada Rate Outlook 2021 and Impact on Mortgages

Bank of Canada Rate Outlook 2021 and Impact on Mortgages

January 11, 2021 | Posted by: Ron Chan

The Bank of Canada (BoC) has not made a prime rate announcement as we enter the second week of 2021 but they did just release their Business Outlook Survey covering the remainder of the winter. From ... [read more]

Lowest Mortgage Rate of All Time Hits Canada - Winnipeg Reacts

Lowest Mortgage Rate of All Time Hits Canada - Winnipeg Reacts

December 7, 2020 | Posted by: Ron Chan

Each month we have been reporting that mortgage rates have been hitting all time lows. These “lows” have had somewhat loose definitions mind you, being wrapped in a few caveats. But thre ... [read more]

Winnipeg Real Estate News Updates - November 2020

Winnipeg Real Estate News Updates - November 2020

November 25, 2020 | Posted by: Ron Chan

November is winding down and the Holiday season is near, making it the perfect time to weigh in with some recent news. While most headlines around Canada are focused on the pandemic there are some p ... [read more]

Will Mortgage Rates Increase in Canada in 2021?

Will Mortgage Rates Increase in Canada in 2021?

November 20, 2020 | Posted by: Ron Chan

This question is on the top of the mind and tip of the tongue of hundreds if not thousands of prospect buyers throughout the greater Winnipeg area. While we know that EVERYONE is eager to leave 2020 ... [read more]

Bank of Canada Mortgage Rate Announcement - November 2020

Bank of Canada Mortgage Rate Announcement - November 2020

November 10, 2020 | Posted by: Ron Chan

Time for a follow up to our last press release regarding the Bank of Canada’s (BoC) announcement regarding the prime rate. The year is winding down fast which makes the recent news fairly impo ... [read more]

Bank of Canada Mortgage Rate Announcement - September 2020

Bank of Canada Mortgage Rate Announcement - September 2020

September 14, 2020 | Posted by: Ron Chan

Typically we save our talk about Bank of Canada (BoC) rate changes (or lack thereof) for our monthly mortgage news update. However, last week’s BoC announcement (September 9/2020) bears repeat ... [read more]

Winnipeg Mortgage and Real Estate News Updates - June 2018

Winnipeg Mortgage and Real Estate News Updates - June 2018

June 13, 2018 | Posted by:

The summer of 2018 is here and with it some interesting news updates that those of you considering a mortgage in Winnipeg may want to know about. As the city’s premier mortgage broker, I make ... [read more]

Ron Chan
Ron Chan
Winnipeg, Mortgage Specialist
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