Earl Smith, Your Halifax Mortgage Broker

Earl Smith || December 13, 2024

Bank of Canada cuts policy rate by another 50 basis points

The Bank of Canada has done it again—cutting its policy rate by another 50 basis points on Wednesday. This brings the total rate reductions in 2024 to 175 basis points (1.75 percentage points),...

Earl Smith || November 28, 2024

Inflation ticks up in October: what it means for you

Canada's inflation rate was back on the rise in October, climbing to an annualized pace of 2.0% –– up from 1.6% in September. The rise was mainly driven by higher gas prices,...

Earl Smith || October 24, 2024

Bank of Canada's fourth consecutive rate cut brings more relief to borrowers

The Bank of Canada delivered a 50-basis-point (bps) rate cut on Wednesday, bringing its policy rate to 3.75%, its lowest level in two years. This marks the fourth straight...

Earl Smith || October 16, 2024

What happens if you miss a mortgage payment?

Missing a mortgage payment can be a stressful experience, but it's important to know what to expect if it happens and what options are available to prevent long-term...