The past 6 months have been very busy at Olympic Mortgages. We are pleased to welcome on 3 new mortgage brokers; Steve Ennis and Alex D’Angelo are working out of Vancouver, and Roy Hernes is working out of Victoria. Steve and Alex both have banking backgrounds, and Steve brings with him vast commercial banking experience. Roy comes from a project management background, and has a vast understanding of the real estate industry as he is a seasoned real estate investor himself. All of our new brokers understand the importance of good customer service, and helping our client’s transactions go as smoothly as possible. So if you are looking for a mortgage broker in Vancouver, we’ve got you covered.
OLYMPICMORTGAGE What happened yesterday The Bank of Canada raised its rate yesterday by a quarter point, from 2.25% to 2.50%. It’s the first increase since July 2023. The short version of why: increased energy prices. Oil prices have stayed high for most of the year, inflation has been running around 3% since […]
Olympic Mortgage Questions? Call 250.858.7160 Book a call · Email me · Start an application A little humor to start off – the “interest rate jitters” prank Last month I hastily sent out a newsletter with my office address in the subject line, instead of the subject. I was playing around with the settings for […]
Olympic Mortgage Market update September 2026 One week later THE BANK HELD. HERE’S WHAT MATTERS NOW. The overnight rate stayed at 2.25%. Mortgage pricing didn’t. It’s been a week since the Bank of Canada held its overnight rate at 2.25%. That’s enough time for the headlines to fade and for the […]