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Mortgage Industry News/Blog.
CMG
Feb 9, 20243 min read
Bank of Canada Rate Cuts and Inflation Predictions
Now may be the best time to buy as we could be officially at the tipping point for interest rates. And, as they decline, home prices will...
CMG
Dec 29, 20233 min read
The 2024 Outlook for the Canadian Mortgage Landscape
The tumultuous year of 2023 tested the resilience of Canadian mortgage holders, with the Bank of Canada implementing substantial rate...
John
Dec 6, 20232 min read
Mortgage Rates Are Dropping! Fixed rates now 4.99%
In a positive shift for those seeking mortgages, the market is experiencing a notable resurgence in sub-5% fixed mortgage rates—a...
CMG
Nov 3, 20231 min read
BoC Needs to Cut Rates to 3.5% in 2024
BoC may cut rates before Fed, with a focus on unemployment and inflation rates affecting Canadians' futures.
CMG
Aug 18, 20232 min read
Making Sense of Mortgages: REMIC's Recent Survey Suggest Canadians May Not Understand Mortgages
REMIC survey reveals knowledge gap: Many Canadian borrowers unaware of mortgage rate impact. Financial education and broker guidance crucial
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