Mortgage Industry News/Blog.

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...

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...

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.

Oct 9, 20233 min read

Unlocking Housing Affordability in Canada: Challenges, Solutions, and Future Prospects

Despite a rise in average home prices earlier in the year, strong income gains were enough to improve affordability in the second...

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

Aug 16, 20232 min read

The Effects of July 2023's Interest Rate Increases on Canada's Housing Market: Can Refinancing Help

The Canadian housing market underwent a notable transformation in July 2023 due to the adjustments in interest rates by the Bank of...

Aug 13, 20233 min read

Understanding Fixed Rate Mortgages: Is the 3-year Fixed Rate Mortgage Right for you

Navigate the world of fixed-rate mortgages: 1-year, 3-year, and 5-year for stability, find your match today! #MortgageWisdom"

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