Oriana Financial Brokerage Of The Year!

Oriana Financial was honoured to receive the Brokerage of the Year Award! ‘ Thank you to our dynamic team, trusted lending partners, and outstanding clients for helping making this possible. Thank you to CMBA Ontario for putting on a great few days of learning, networking, and celebrating. Proud to be […]

Mortgage rates slide below 5% in time for spring

CMP Magazine ~ March 11th, 2024 Mortgage rates have started to decline, offering a glimmer of hope to prospective homeowners, especially as the spring housing market heats up. For the first time since the Bank of Canada’s rate hike in June last year, five-year fixed mortgages have dipped below 5% […]

Bank of Canada to cut interest rates in half by end of next year: Desjardins

Financial Post ~ February 24th, 2024 Canadians can expect the Bank of Canada to start providing some respite this spring as the central bank “slowly but surely” moves towards its first interest rate cuts, says Desjardins Group. Chief economist Jimmy Jean says Desjardins is forecasting the first rate cut in […]

Canada’s job market beats January expectations

Canadian Mortgage Professionals ~ Ferbuary 12th, 2024 Canada’s job market showed unexpected strength at the beginning of the year, with a surge in new jobs and a dip in unemployment, suggesting potential room for the Bank of Canada (BoC) to consider interest rate cuts if inflation pressures continue to wane. […]

What mortgage holders need to know about the Bank of Canada rate hold

BNN Bloomberg ~ January 24th, 2024 Homeowners are feeling the impact of elevated interest rates, real estate experts say, though the Bank of Canada’s latest rate hold will not raise mortgage payments for those with variable or fixed products. The Bank of Canada elected to hold its key policy rate […]