We spoke to experts about how COVID-19 will impact Canadian homebuying By: Zandile Chiwanza on March 18, 2020 Source: Lowest Rates.ca Canada is about to enter the busy homebuying season. In a normal year, you’d have open houses, homebuyers debating fixed or variable rates and a flood of calls to brokers and real estate agents. But this is not a normal year.  There’s been a lot of uncertainty for homebuyers in the past few weeks. Real estate agents have... [read more]

EMERGENCY Bank of Canada rate cuts? What does this mean? Is your head spinning seeing headlines about EMERGENCY Bank of Canada (BoC) rate cut and wondering what this means for YOU? It’s hard enough to understand how regular interest rates work... so no one will blame you if all of the news about these unscheduled rate cuts are confusing you! Keep reading to gain a better understand on WHY the BoC has been slashing their rates and better yet, how do these cuts translate into... [read more]

Canadians across the country are grappling with a new normal amid social distancing measures imposed to protect the population against the spread of the aggressively contagious COVID-19 pandemic. These directives came from Canada’s chief public health officer, Dr. Theresa Tam, and involves taking steps to minimize all close contact (maintaining a distance of 6ft) with community members, and avoiding crowds or mass gatherings. As well as dramatically shifting our daily routines and... [read more]