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Category:
Mortgage Blog
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…
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,…
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