Oberoi Properties

05/17/2025

04/11/2024

🔔Good news coming

https://www.ctvnews.ca/politics/canada-to-allow-30-year-amortization-for-first-time-buyers-mortgages-on-new-homes-1.6842913 #:~:text=The%20Canadian%20government%20will%20allow,would%20take%20effect%20Aug.%201

Regards, Vikram Khanna, Mortgage Development Manager, National Bank of Canada 647-203-2122

The Canadian government will allow 30-year amortization periods on insured mortgages for first-time homebuyers purchasing newly built homes.

12/06/2023

https://www.bankofcanada.ca/2023/12/fad-press-release-2023-12-06/

Automatically view the rate announcement the moment it is published.

07/12/2023

https://www.bankofcanada.ca/2023/07/fad-press-release-2023-07-12/

The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening.

06/07/2023

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening

The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%.