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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...

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Last 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.

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October 2015 Mortgage Market Update

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November 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...

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Mortgage News December 2015

The federal government is boosting the minimum down payment for higher-priced homes in Canada effective February 15, 2016.

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Q1-2016 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...

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Canadian 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...

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New Mortgage Market Landscape – effective immediately (Oct 17 2016)

New Mortgage Market Landscape – effective immediately

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End 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...

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Mortgage 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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