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  • Rates

    effective January 19, 2021

    Term Bank Rate Our Rate
    1 Year 3.14 % 1.64 %
    2 Year 3.19 % 1.59 %
    3 Year 3.49 % 1.59 %
    4 Year 3.74 % 1.64 %
    5 Year 4.59 % 1.58 %
    7 Year 5.35 % 2.34 %
    10 Year 5.60 % 2.69 %
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    • Political leaders steer clear of housing correction debate @BNN
    • 11OCT
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      Political leaders steer clear of housing correction debate @BNN

      The subject of whether Canada’s red-hot housing market is heading for a crash has been a hot topic of debate everywhere but the campaign trail. Canada’s political leaders have been largely quiet about whether they think the housing market is sustainable. Canada’s housing sector has been a bright spot in an economy hit hard by

      • Posted by Editor
      • Market Commentary
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    • 08OCT
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      Canada’s housing agency warns about overbuilding as housing starts surge @FinancialPost

      Canada’s housing agency warned against overbuilding after a surge in condo and apartment projects took housing starts to a three-year high. Work on new homes advanced 7.7 per cent to 230,701 units at an annual pace in September, the Canada Mortgage & Housing Corp. said Thursday from Ottawa. Urban multi-unit projects such as condominiums and

      • Posted by Editor
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    • 30SEP
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      10 Must Reads for the CRE Industry Today @RealEstateInvestor

      Grand Central Owner Penson Sues City Over Air Rights “Real estate investor Andrew Penson, who owns Grand Central Terminal, sued New York City contending that Mayor Bill de Blasio, the City Council and developer SL Green Realty Corp. are depriving him of air rights through a building development at the train station. The value of

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