Mr. Carney and the Bank of Canada left the benchmark overnight lending rate at 1% for the seventh time in a row this morning.  To hear my commentary click video below.

July 19 b of c.mov

The real estate market has been slow of late and I think a lot of it is because of the media.  The media keeps reporting that debt loads are too high and interest rates are rising.  If you are concerned about your personal finances call me to review.  Fixed rates have  been going up and down like a yo yo between 3.6% and 4%.  These are not high rates.   

There is lots of inventory on the market and we are approaching a balanced market for the first time in a while.  As well, lenders are getting more aggressive and coming out with new programs. 

See the section below on Le Bistro Chez Michele.  This is a fabulous local restaurant and the food is amazing!

Enjoy the summer when it arrives and as always I am available to discuss your specific mortgage needs.  Cheers

"Dave thanks again for your great work on getting me the best deal on my mortgage. This is my second time working with you and I have to say you take the stress out of Mortgage Hunting. I would highly recommend you to my family and  friends."

Dave Kennedy