Tony Cook - Mortgage Broker

Tony Cook || June 16, 2023

Mortgage interest now one of the biggest drivers of inflation

In a twist of irony, the Bank of Canada’s interest rate hikes—meant to slow the economy and bring down inflation—are now one of the leading upward contributors to inflation. Mortgage interest...

Tony Cook || June 08, 2023

The Bank of Canada delivers another rate hike. Are more on the way?

The Bank of Canada delivered a quarter-point rate hike this week, bringing its key lending rate to 4.75%. Markets had been split over whether the Bank would choose to lift rates at this meeting...

Tony Cook || May 29, 2023

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...

Tony Cook || May 29, 2023

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...