Spencer Hilsendager - Mortgage Broker

Spencer Hilsendager || December 13, 2024

Bank of Canada cuts policy rate by another 50 basis points

The Bank of Canada has done it again—cutting its policy rate by another 50 basis points on Wednesday. This brings the total rate reductions in 2024 to 175 basis points (1.75 percentage points),...

Spencer Hilsendager || November 28, 2024

Inflation ticks up in October: what it means for you

Canada's inflation rate was back on the rise in October, climbing to an annualized pace of 2.0% –– up from 1.6% in September. The rise was mainly driven by higher gas prices,...

Spencer Hilsendager || November 28, 2024

Canada set to grow in different ways

The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...

Spencer Hilsendager || November 28, 2024

Millennials need help with home ownership

Recent reports from two of Canada’s major banks – CIBC and ScotiaBank – offer a glimpse into the world of millennials and home ownership as well as the impact of the Internet on mortgage...