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Mortgage Industry News/Blog.
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...
John
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...
John
Sep 19, 20234 min read
Owners are Stressed as Mortgage Renewal Time Approaches: What Can You Do?
In the midst of the Bank of Canada's interest rate hiking cycle, many mortgage owners find themselves in a unique financial landscape....
John
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...
John
Aug 11, 20233 min read
Rediscovering Balance in the Recreational Property Market: Post-Pandemic Trends
Navigate the changing landscape of recreational properties in 2023. Explore the post-pandemic shifts, price dynamics, and evolving buyer
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