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Mortgage Blog
Did the Bank of Canada Increase Rates Too Much?
July 25, 2023
An in-depth analysis questions whether the Bank of Canada's rapid rate hikes were necessary as disinflationary forces and labor market…
Breaking: Inflation drops below 3%, but it isn’t all rosy
July 18, 2023
Canada's inflation dropped below 3%, but concerns arise as core inflation remains sticky and mortgage interest costs continue to rise,…
Mortgage Minute 26: UGH! Bank of Canada Summer Rate Jump
July 14, 2023
The Bank of Canada's rate increase signals potential frustration for mortgage holders, with implications for variable and fixed rates. Economic…
Bank of Canada Expected to Increase Rate July 12th
July 10, 2023
The Bank of Canada is expected to raise rates by 0.25% on July 12, 2023, despite signs of a loosening…
Why the Bank of Canada Increased its Interest Rate June 7th
June 23, 2023
As we are all now aware, on June 7th, 2023, the Bank of Canada made the decision to increase its…
May Inflation Data coming June 27
June 20, 2023
As Canada awaits the May CPI release, concerns over inflation persist. Analysts question the Bank of Canada's rate hike decision…
Edmonton’s Resale Real Estate Market Set for Growth in 2023
June 16, 2023
Edmonton's resale real estate market defies expectations as prices are predicted to rise by 1.5% in 2023. Despite higher borrowing…
Yikes! Mortgage Renewals with 2023’s Higher Interest Rates
June 14, 2023
Discover the changing landscape of mortgage renewals in the current interest rate climate. Adapt strategies for variable and fixed-rate borrowers,…
Calgary’s Real Estate Market Breaks May Sales Record!
June 12, 2023
According to the Calgary Real Estate Board, the housing market in Calgary achieved a new record for number of sales.…
Weak May Employment Numbers May Stop July Rate Increase
June 9, 2023
Weaker May employment numbers in Canada could impact the Bank of Canada's rate announcement in July, potentially reducing the likelihood…
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