The Debt Ceiling? The “Debt Ceiling” is the maximum amount of money Congress allows the federal government to borrow to cover its bills (CNBC). Because the government spends more money than it collects in taxes, it must take out debt to pay its expenses. Prior to...
Rates Surge Here we go again. Lenders are dealing with a dramatic increase in their funding costs. This has spiked mortgage rates on all fixed rate terms. Yields are increasing due to various factors including; Fear of further central bank tightening due to inflation report (more on that...
Connolly Capital helped my husband and I with the purchase of our dream home, thank you!! Kane and Matthew were very knowledgeable in securing our pre approval. - Dana Salem...
Sean and the team at Connolly Capital were excellent to work with and really helped us navigate the changing market as first time home buyers! They were very responsive and were able to get us a great rate! - Kate Annan...
We were referred to Matthew O’Neil at Connolly Capital. As first-time home buyers, we couldn’t have asked for a better mortgage broker. He was very professional, knowledgeable, and responsive throughout the whole process. It was a pleasure working with the Connolly team. We highly recommend...
I highly recommend Connolly Capital. Very professional and responsive along with helping provide me a competitive rate. I have and will continue to recommend this firm. Great Team. Thank you...
I've worked with Sean a few times and in each of our dealings, he has been patient, kind and professional. Keeping me up to date on my file was very much appreciated- especially in dealing with a stressful situation, only further frustrated by tight deadlines...
A seller's market has returned Real estate markets across Canada have surged in April. This is going to make CREA's data release on Monday one to watch. Stay tuned for that next week. The rumour is, the numbers are going to surprise a lot of people....
The Final Fed Hike? The U.S Federal Reserve hiked another 25 basis points on Wednesday. Could this be the final rate hike for the foreseeable future? Most economists think so as Powell is now acknowledging some progress as the U.S labour market is coming into “balance”....
Inflation Slows to 4.30% With lower inflation comes lower interest rates. Tiff Macklem spoke at the Parliament's Standing Committee on Finance Tuesday. "We are encouraged by the progress so far". This is the first time we have seen inflation reports that begin with a “4” since...