The Impact of Interest Rates on Your Home Buying Journey in Calgary
Interest rates are the silent factor that could either boost or dampen your dreams of owning a home in Calgary and its surrounding areas. Even a minor rate fluctuation could significantly affect your budget. Whether interest rates are at sky-high or ground-low, understanding their impact on your pur
On April 10, 2024, the Bank of Canada kept interest rates unchanged.
On April 10, 2024, the Bank of Canada kept interest rates unchanged. The Bank of Canada confirmed on April 10th that they will keep interest rates stable at 5.00%. This decision aligns with Perch's forecast, which anticipated no change in interest rates due to sluggish inflation and a stretched econ
Here's all you need to know about the increase in interest rates in July,
On July 12th, the Bank of Canada made an announcement stating their intention to raise the key interest rate by 25 basis points. This marks the third increase this year as the Bank of Canada continues to assess the impact of ongoing rate hikes on inflation. In May, the previous rate hike raised the
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