Let's chat: 613-859-2854
|
My Mortgage Blog — Latest Posts
Bank of Canada raises rates: What it means for your mortgage
For homeowners who have gained some breathing room in their mortgage budgets, today’s Bank of Canada announcement may feel like a setback. The Bank raised its policy rate by a quarter of a...
Read More
The rate didn’t move. Your mortgage strategy still can.
The Bank of Canada held its policy rate at 2.25% this week, leaving borrowing costs unchanged for Canadians with variable-rate mortgages and other products tied to lenders’ prime...
Read More
Canadian inflation reaches 3% as gasoline and travel costs rise
Canada's annual inflation rate rose to 3.0% in July from 2.8% in June, reaching the upper end of the Bank of Canada’s target range. The increase was slightly larger than economists expected and...
Read More
Home sales rise in May as buyers return to a stabilizing market
Canada’s housing market showed signs of renewed momentum in May, with national home sales rising 5.5% from April, according to the Canadian Real Estate Association (CREA). The gain marked the first...
Read More