PAM PENG - Mortgage Broker

PAM PENG || June 05, 2024

What does today’s Bank of Canada rate cut mean for borrowers?

What does today's Bank of Canada rate cut mean for borrowers? Today's decision by the Bank of Canada to lower its key lending rate by a quarter point to 4.75% is welcome news for...

PAM PENG || May 31, 2024

Economists: Q1 GDP Growth Slump Strengthens Case for June Rate Cut

The Bank of Canada now has more reason to pull the trigger on a rate cut when it meets next week following the release of Q1 GDP data. Data released by Statistics Canada on Friday showed...

PAM PENG || May 24, 2024

Inflation eased in April in line with expectations

Canada's headline inflation rate slowed in line with forecasts, easing to a pace of 2.7% in April, Statistics Canada reported. The reading was in line with the consensus forecast and down...

PAM PENG || April 15, 2024

Federal government unveils measures to improve housing market access

The federal government today unveiled new measures aimed at improving access to housing for first-time buyers. The announcement comes less than a week before the 2024...