Vince Di Risio - Mortgage Agent
Share
My main objective is to deliver value to my consumers and ensure you get the Right Mortgage!!
06/10/2026
The Bank of Canada just held rates at 2.25%, leaving the prime lending rate at 4.45%.
So... why aren't rates coming down if the economy is slowing?
The answer may be sitting at your local gas station. ⛽
Inflation jumped back up to 2.4%, driven largely by a massive spike in energy prices. Gas prices surged more than 20% in a single month, creating fresh concerns that inflation could stick around longer than expected.
At the same time:
📈 Inflation is moving higher
📉 Consumer spending is slowing
🌎 Global uncertainty remains elevated
🏦 The Bank of Canada is stuck between supporting growth and fighting inflation
For now, they've chosen to wait.
What does that mean for Canadians?
✅ Variable-rate borrowers avoid another increase
✅ Borrowing costs remain stable for now
⚠️ Fixed rates are still being influenced by bond markets and global economic conditions
The real question isn't what happened today.
It's what happens next.
If inflation cools and economic growth weakens, rate cuts could return to the conversation. If energy prices remain elevated, the Bank may stay on the sidelines longer than many borrowers hoped.
What do you think the Bank's next move will be? 👇
CostOfLiving FinanceTok MortgageBroker RealEstateCanada MoneyMatters
05/12/2026
Mortgage Renewing? Let's have a discussion, give me a call 416 476 7424
09/09/2025
Looking to get into the housing market. Call me @ 416 476 7424 and I will help you with your journey to Homeownership!
Grateful to be able to achieve this award! Thank you to my Clients and Team for all your support this past year!
01/09/2025
Great way to cap off 2024 as Top Producer for the month. Thank you to all my clients! Truly blessed to work with great people!
Chris, Thank you for the kind words, I'm glad that I was able to assist you in achieve the goal of home ownership!
Considering a creative solution to supporting your children's homeownership Dreams? A reverse mortgage can be a TAX-FREE way to utilize the equity in your home to give them a leg-up on acquiring a property. Here to help! Call me 416 476 7424
05/09/2024
Looking to get into the housing market, refinancing or renewing your mortgage... Look no further, Call me at 416 476 7424 I'm here to Help!
03/06/2024
BOC held the overnight rate at 5.0%. leaving prime at 7.2%. Next Rate Announcement April 10th. If you are renewing your mortgage in the near future, call me (416) 476-7424 I'm here to help secure you a better rate!
02/17/2024
Great way to start off 2024! One of the top producers for January! Thank you to all my clients and team!
Click here to claim your Sponsored Listing.
Category
Contact the business
Telephone
Website
Address
Toronto, ON
M6P3K5
Opening Hours
| Monday | 9am - 5pm |
| Tuesday | 9am - 5pm |
| Wednesday | 9am - 5pm |
| Thursday | 9am - 5pm |
| Friday | 9am - 5pm |