Vernon B.C. Mortgage Blog

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Category: Financing (5 posts)

July 15 - 2020 Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing

July 15 - 2020 Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing

July 15, 2020 | Posted by: Roar Solutions

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1 ... [read more]

Bank of Canada maintains overnight rate target and unveils new market operations

Bank of Canada maintains overnight rate target and unveils new market operations

April 15, 2020 | Posted by: Roar Solutions

The Bank of Canada today maintained its target for the overnight rate at ¼ percent, which the Bank considers its effective lower bound. The Bank Rate is correspondingly ½ percent and the ... [read more]

Real Estate: How to Boost Your Credit Score Before Buying Applying for a Mortgage in Vernon, BC

Real Estate: How to Boost Your Credit Score Before Buying Applying for a Mortgage in Vernon, BC

September 4, 2019 | Posted by:

For the vast majority of home buyers, obtaining a mortgage will be a vital part of the purchasing process. Of course, in order to be approved for that mortgage, you will need to ensure that your cre ... [read more]

How Much House Can You Afford in Vernon, BC? Ask Yourself These Critical Questions to Find Out

How Much House Can You Afford in Vernon, BC? Ask Yourself These Critical Questions to Find Out

July 17, 2019 | Posted by:

It is the perennial question for every first-time homeowner. How much house can I afford? As with so many life-changing decisions, there is no one right answer to this common query, and the size of th ... [read more]

3 Simple Ways to Repair Your Credit in Vernon, BC

3 Simple Ways to Repair Your Credit in Vernon, BC

July 3, 2019 | Posted by:

For many Canadians looking to purchase a home, bad credit scores stand in the way of getting a mortgage. Most lenders prefer your score to be 650 or higher. If they do allow for lower credit scores, i ... [read more]

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Dawn Stephanishin
Dawn Stephanishin, AMP
Vernon, Mortgage Broker - Specialist
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