Colin Shea - Mortgage Broker

Colin Shea || September 04, 2024

Bank of Canada cuts policy rate to 4.25%

The Bank of Canada has dropped its policy rate to 4.25%, cutting it by 25 basis points this morning. This marks the third consecutive rate reduction by the central bank this year,...

Colin Shea || August 20, 2024

Inflation continued to ease in July

Canada's headline inflation rate slowed to a pace of 2.5% in July, Statistics Canada reported. The reading was in line with expectations and was down from June's headline figure of 2.7%. The...

Colin Shea || August 12, 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...

Colin Shea || August 12, 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...