1/18/2022 | Posted in Canadian Economy and Interest Rates by
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The Bank of Canada has some difficult realities to weigh ahead of its Jan. 26 interest rate decision.

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  1/13/2022 | Posted in Canadian Housing Market by
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Speculative investing in residential real estate has become an important concern, prompting Canadians to overbid on properties

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  1/11/2022 | Posted in Canadian Economy and Interest Rates by
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Robust jobs market recovery in December might sufficiently motivate the Bank of Canada to implement rate hikes sooner.

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  12/21/2021 | Posted in Home Buyers by
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Mortgages continued to lead all forms of credit growth as of the second quarter, rising over 45% compared to pre-pandemic levels, new data shows.

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  12/19/2021 | Posted in Interest Rates by
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With inflation surging, the Bank of Canada is likely to change its interest rate guidance in the new year so that it has the option to raise borrowing costs earlier than ... More

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  12/17/2021 | Posted in Home Buyers by
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OSFI confirms Minimum Qualifying Rate for uninsured mortgages.

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  12/10/2021 | Posted in Mortgages and Real Estate by
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Accelerated home price growth is likely to fuel the mortgage market for the foreseeable future, new study says.

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  12/2/2021 | Posted in Mortgages and Real Estate by
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The average new mortgage being taken out by today’s borrowers surged considerably as of the third quarter, reports Equifax.

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  11/19/2021 | Posted in Mortgage Interest Rates by
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Financial markets may be pricing in the first interest rate hikes as early as March, but they shouldn’t be too confident about that timing.

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  11/8/2021 | Posted in Mortgage Interest Rates by
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Existing home owners could face sensitivity to rising rates, with about $350 billion worth of mortgages set for repricing in the next year

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  11/2/2021 | Posted in Mortgages and Real Estate by
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The Bank of Canada struck a positive tone on Canada’s economic recovery from the COVID-19 pandemic in its most recent interest rate announcement, with Governor Tiff ... More

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  10/22/2021 | Posted in Mortgage Interest Rates by
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Global bond yield rates are up this month, and Canada is not missing out on the action.

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  10/15/2021 | Posted in Canadian Housing Market by
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Popularity of variable-rate mortgages expected to grow further, overturning a trend that has been in place for over a decade.

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  10/13/2021 | Posted in Mortgage Interest Rates by
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A growing number of lenders have been raising interest rates recently in response to rising bond yields, including the big six banks.

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  9/8/2021 | Posted in Mortgage Interest Rates by
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The Bank of Canada kept its key interest rate target on hold Wednesday as it warned the fourth wave of the pandemic and supply bottlenecks could weigh on the economic ... More

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  8/31/2021 | Posted in Mortgages and Real Estate by
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A new report shows that Q2 volumes were the highest ever recorded in a single quarter

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  8/27/2021 | Posted in Canadian Economy and Interest Rates by
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If above-target inflation persists, it could have ramifications for homeowners in the form of shifting rate-hike expectations.

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  8/20/2021 | Posted in Mortgages and Real Estate by
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Canadians are piling into mortgages at more than double the historical pace as the housing market appears to moderate after a pandemic boom.

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  7/14/2021 | Posted in Mortgage Interest Rates by
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The Bank of Canada has announced in its July statement that it will hold its target for the overnight rate at the effective lower bound of 0.25%, staying the course on its ... More

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  7/9/2021 | Posted in Canadian Housing Market by
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A growing number of Canadians, particularly renters, are planning to buy a home in the next 12 months amid the national economy’s steady recovery, according to a new ... More

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  6/27/2021 | Posted in Mortgages and Real Estate by
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Low mortgage rates are allowing borrowers to pay off their mortgages faster than ever.

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  6/8/2021 | Posted in Mortgages and Real Estate by
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A surge in mortgage borrowing is pushing consumer debt loads higher in Canada despite falling credit card use, as households plow more money into their homes while spending ... More

Real Estate & Mortgage News

  5/19/2021 | Posted in Mortgages and Real Estate by
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The Bank of Canada may have to adjust its view of its long-term neutral policy rate once a torrent of pent-up household savings is unleashed once pandemic restrictions are ... More

Real Estate & Mortgage News

  5/6/2021 | Posted in Home Buyers by
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Whether you’re starting your home search or you just bid on the place of your dreams, getting denied for a mortgage will stop you cold.

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Real Estate & Mortgage News

  5/1/2021 | Posted in Mortgage Advice by
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Many Canadians are under the assumption their mortgage is as good as done once they have a mortgage pre-approval.

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