Perch Canada

Here is your monthly mortgage outlook for November!

The Bank of Canada just announced they're holding their policy interest rate steady at 5.00% this morning.🔔

The last rate hike occurred in July and was a 0.25% raise.

The next interest rate announcement will happen on Wednesday December 6 2023 and is the last for the year.

If you're sitting on the sidelines waiting to enter the market, now is the perfect time. Buying now gives you the opportunity to lock in a lower purchase price in today's market, benefitting you in the long run. Think of it this way: You date the mortgage payment, but you marry the purchase price.

Read the full scoop on our blog.

We're welcoming another member to our growing team at Perch, Steve Rimmer.🔥

With ten years of start-up experience across diverse sectors, Steve's passion for real estate was kindled when navigating the intricacies of the real estate industry as he acquired properties for a short-term rental venture. Joining Perch resonates with this passion, and Steve is eager to leverage his expertise to empower Canadians in wealth creation through real estate.

Steve joins the team as Delivery Manager. Welcome to the team Steve! 👏