Perch | Mortgages, simplified

From BetaKit: While the predicted housing market correction is underway, what has drawn many of these tech companies to the space is a longstanding lack of digital transformation and difficulty for first-time home buyers to enter the market. “Perch is on a mission to simplify homeownership,” said Leduc. “We enable first-time home buyers to get into the market sooner and help homeowners to build wealth efficiently by leveraging home equity.” ➡️ More: https://lnkd.in/g3NV5mg4 #cdntech #proptechnews #mortgagenews

📣 The Bank of Canada announced a rate hold this morning, keeping the overnight rate at 2.75%. Take a closer look at what this means for Canadian mortgage holders and buyers. We’ve dropped the link in the comments.👇 #bankofcanada #rateannouncement #mortgages #rates

📣 The Bank of Canada announced a 25 BPS rate cut this morning, lowering the overnight rate from 3.00% to 2.75%! See how this impacts Canadian homebuyers and mortgage holders in our latest blog. Check the comments for the link! 👇 #bankofcanada #rateannouncement #mortgages #rates

🗓️ March 2025 Mortgage Update We expect fixed and variable rates to remain steady this month, assuming the Bank of Canada holds on March 12th. Our current best 5-year fixed rate is 3.99% and 5-year variable rate is 4.25% (Prime -0.95%). 📌 Get the full update here: https://bit.ly/3XlVYpm #bankofcanada #mortgagerates

📣 The Bank of Canada announced a 25 BPS rate cut this morning, lowering the overnight rate from 3.25% to 3.00%! Find out what this means for Canadian homebuyers and mortgage holders in our latest blog. Link in the comments👇 #bankofcanada #rateannouncement #mortgages

📣 The January 2025 Mortgage Outlook is here! - For the month of January, we anticipate fixed rates will stay flat and variable rates as well assuming the Bank of Canada holds on January 29th. - Our current best 5-year fixed rate is 4.14% and 5-year variable rate of 4.40% (Prime -1.05%). Read more here: https://bit.ly/4a3SvRa #bankofcanada #mortgagerates

📣 The Bank of Canada delivered a 50 BPS rate cut this morning bringing the overnight rate from 3.75% down to 3.25%! Read our blog to learn more about what this means for Canadian homebuyers and mortgage holders.👇 https://bit.ly/3OQXElQ #bankofcanada #rateannouncement #mortgages

The December Mortgage Outlook is live! ❄️ - For the month of December, we anticipate fixed rates will stay flat and variable rates will drop following an expected 0.25% rate cut by the Bank of Canada on December 11th. - Our current best 5-year fixed rate is 4.19% and 5-year variable rate is 5.00% (Prime -0.95%). Read more here: https://bit.ly/49yOUKZ #mortgages #bankofcanada #rates

🎉🎉 The Bank of Canada delivered a 50 BPS rate cut this morning bringing the over night rate from 4.25% down to 3.75%! 🎉🎉 Read our blog to learn more about what this means for Canadian homebuyers and mortgage holders. Link to the blog in the comments 👇

The October Mortgage Outlook is live! 🍂 - For the month of October, we anticipate fixed rates will continue to decrease mildly and variable rates will drop following an expected 0.25% rate cut by the Bank of Canada on October 23rd. - Our current best 5-year fixed rate is 4.15% and 5-year variable rate of 5.30% (Prime -1.15%). Read more here: https://bit.ly/3ZIP6Ef #mortgages #rates #boc #outlook #bankofcanada #realestate