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What is Trigger Rate and Trigger Point
With rising inflation and today's economic conditions, it's all about savings and cash in our pockets. One of the biggest hits is paying...

Sameer Nagpal
Nov 1, 20222 min read
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Policy Interest Rate Hikes by BOC in October 2022
The Bank of Canada today increased its target for the overnight rate to 3.75%, a half percent increase, following a 0.75 percent increase...

Sameer Nagpal
Oct 26, 20221 min read
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Where Will Rising Interest Rates Hurt Most?
Rising inflation combined with a strengthening post-pandemic economy gives both reason and opportunity for the Bank of Canada (BOC) to...

Sameer Nagpal
Oct 1, 20223 min read
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Policy Interest Rate Hikes by BOC in Sept 2022
Another .75% hike by BOC has been announced today, which will be in effect from tomorrow. This is the fifth 2nd highest hike in the past...

Sameer Nagpal
Sep 7, 20221 min read
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Policy Interest Rate Hikes by BOC in 2022
Below chart: courtesy https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/

Sameer Nagpal
Jul 13, 20221 min read
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BOC Rate Hike by 1%, biggest jump since 1998.
Bank of Canada, today, raised its benchmark interest rate today by a full percentage point to bring it to 2.5% in total. That's the...

Sameer Nagpal
Jul 13, 20221 min read
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Bank Of Canada announces rate increase by .50%
How does this impact your Variable Interest Rate Mortgage (VRM) monthly payments? I get this question lot of time for variable interest...

Sameer Nagpal
Mar 3, 20221 min read
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Bank of Canada : Rate Announcement
Bank of Canada signals rate hikes coming soon, leaving key interest rates unchanged for now. The Bank of Canada today held its target for...

Sameer Nagpal
Jan 26, 20222 min read
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Sameer Nagpal
Jan 1, 20220 min read
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Sameer Nagpal
Dec 31, 20210 min read
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Sameer Nagpal
Dec 23, 20210 min read
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Sameer Nagpal
Dec 22, 20210 min read
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Happy Diwali
May the Divine Light of Diwali shine with Peace, Prosperity, Happiness, and Good Health in your and all your loved one's life. Celebrate...

Sameer Nagpal
Nov 4, 20211 min read
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Quick Money | Quick Approval
No Income Verification No Minimum Beacon Score Open mortgages available No Penalty Mortgage approvals within 4 hours Funding within 48...

Sameer Nagpal
Sep 25, 20211 min read
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Get Additional cash from your Home Equity with low payments
With lower interest rates, this is the time to refinance your mortgage and get your payments down. A high mortgage payment can weigh you...

Sameer Nagpal
Aug 29, 20211 min read
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Good Time to Refinance your Mortgage
There are many reasons to refinance your mortgage now. Mortgage Refinancing Can Reduce Your Monthly Payments 1. Get Lower interest rates...

Sameer Nagpal
Aug 25, 20211 min read
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Interest Rate - 1.25% - All time lowest
Couldn't have asked for more..................... Conditions - New Purchase only - Max mortgage amount of $925,000 - Max Property Value...

Sameer Nagpal
Jul 21, 20211 min read
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The housing market continues to moderate in May and June. Will the prices go down?
Fatigued and frustrated buyers mean home sales slowed again in May: CREA Ottawa, ON, June 15, 2021 – Statistics released today by the...

Sameer Nagpal
Jun 17, 20211 min read
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BC housing market will peak this year, cool in 2022
We’re back to 2016 levels now across the region – sales in February were up 43 percent higher than the 10-year sales average, and 73...

Sameer Nagpal
May 30, 20212 min read
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New Mortgage Stress Test June 1
The country’s federal banking regulator is tightening rules on mortgage stress tests for homebuyers with uninsured mortgages starting...

Sameer Nagpal
May 22, 20211 min read
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