Some major developments this week in the Canadian mortgage market (17July15)
Recap on some developments this week in the Canadian mortgage market.Mortgage Interest Rate DecreasingOn Wednesday, Bank of Canada Governor Stephen Poloz lowered the prime lending rate to 0.50%.The...
View ArticleLast Week in Economic and Real Estate News (01Sep2015)
Canada's most watched real estate boards reported August results last week which showed that the summer's existing trends continued.
View ArticleNovember 2015 Mortgage Market Update
Since late last week, the Canada bond market has really jumped up and lenders have been hinting at mortgage interest rate increases, and early this week we saw them, with the most common 5-year fixed...
View ArticleMortgage News December 2015
The federal government is boosting the minimum down payment for higher-priced homes in Canada effective February 15, 2016.
View ArticleQ1-2016 Housing / Market Update
Quick overview from a trusted economist in Canada for our brokerage's use. In summary, mortgage interest rates not going anywhere fast, low Cdn dollar has made housing even more affordable for foreign...
View ArticleCanadian Mortgage Market Commentary
Mortgage Market Commentary (May 2016)The Bank of Canada has issued one of its most direct statements yet on the future of interest rates in this country. They are not going down … unless there is "a...
View ArticleNew Mortgage Market Landscape – effective immediately (Oct 17 2016)
New Mortgage Market Landscape – effective immediately
View ArticleEnd of the Rural Mortgage Piggy Bank
The changes to the Canadian mortgage finance market in the last 60 days have caught many by surprise and the future is blurry at the moment. Even the mortgage lenders/banks are confused with round two...
View ArticleMortgage Market Update (Dec 2018)
Mortgage rates have stabilized for the time being with latest economic news in Canada regarding stalled oil pipelines and cutbacks, automobile plant closure, and NAFTA2 uncertainties. Bank of Canada...
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