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Mortgage Blog
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…
Variable-Rate Mortgage Holders Face More Challenges
June 8, 2023
The Bank of Canada's decision to raise interest rates again brings more challenges for variable-rate mortgage holders. With strong economic…
Mortgage Minute 25: Bank of Canada Raises Rates AGAIN!
June 7, 2023
The Bank of Canada raised its interest rate today, after holding it steady for a few months. Inflation is still…
Coin Toss: Rate Increase NOW or in July?
June 5, 2023
The odds of the Bank of Canada raising rates at this week's monetary policy meeting are essentially a coin toss,…
Explained: Why Fixed Mortgage Rates have been Increasing in May 2023
May 30, 2023
Recent weeks have witnessed a surge in mortgage rates at various lenders, including several of the Big-5 Banks in Canada,…
Are Bank of Canada Rate Hikes Really Over?
May 29, 2023
The recent uptick in Canada's annual inflation rate has sparked a debate among economists regarding whether the Bank of Canada…
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