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Bank of Canada rate jumps 50 basis points to 3.75 per cent

Bank of Canada rate jumps 50 basis points to 3.75 per cent

The increase means about $150 more per month on a variable-rate $500,000 mortgage
How a new hedge innovation is bringing clients peace of mind at a time of great interest-rate volatility

How a new hedge innovation is bringing clients peace of mind at a time of great interest-rate volatility

First National’s Mid-Range Hedge is the industry’s first 9-month rate lock program
First National reflects on how rising inflation and interest rates could impact the commercial property market

First National reflects on how rising inflation and interest rates could impact the commercial property market

Jeremy Wedgbury, senior vice president, commercial mortgages at First National Financial assesses the impacts of rising interest rates on the commercial property market
This brokerage firm helps you navigate property development with confidence

This brokerage firm helps you navigate property development with confidence

For better outcomes, choose a financing partner who understands your vision and challenges
Bank of Canada pulls the trigger on rate increase

Bank of Canada pulls the trigger on rate increase

As widely expected, key lending rate inches up to 0.50 per cent with the first increase since 2018. It won’t be the last this year, analysts say
Local brokerage partners with developers to offer flexible financing solutions

Local brokerage partners with developers to offer flexible financing solutions

Taking the stress out of financing and helping clients realize their goals and vision
First National’s team on the ground surveys B.C. storm damage and long-run implications

First National’s team on the ground surveys B.C. storm damage and long-run implications

Michael Yeung. regional vice president, commercial financing, Western Canada at First National Financial assesses the damage and potential long-term implications
Prepare for surprises when buying or selling a business

Prepare for surprises when buying or selling a business

Panel of experts say suddenly cold-foot sellers, valuation variations – and spouses – among potential obstacles on route to a deal
Mortgage defaults remain very low, lenders say

Mortgage defaults remain very low, lenders say

Canadian Bankers Association says only 0.18 per cent of Canadian homeowners are underwater, despite record-high home high prices and mortgage debt
Bill C-208 is now law: Freeland

Bill C-208 is now law: Freeland

Finance Minister overrules officials to rule new legislation to level playing field when transferring a business within a family is now in effect