August 29, 2023
Are Interest Rates about to DROP?
Canada's 5-year bonds drop below 4%, impacting mortgage rates. US economic indicators show job market strain. Bank of Canada rate
Mortgage Blog
Every post from the Mortgages for Less team: mortgage rates, the Bank of Canada, Alberta housing, lender news and real client stories.
Read more- Read moreAugust 28, 2023
Alberta Housing Market: July 2023
The Alberta housing market displayed resilience with record July sales, stable prices in Calgary, and supply-demand dynamics, influenced by economic
- Read moreAugust 21, 2023
Canada’s 5-Year Bond Rate Surpasses 4%: Implications for Fixed Rate Mortgages
Canada's 5-year bond rate surpasses 4%, triggering fixed mortgage rate increases, impacting borrowers and buyers, and prompting uncertainty about the
- Read moreAugust 16, 2023
Canada’s July Inflation Surges Past Expectations, Reaching 3.3%
Canada's July inflation exceeded predictions at 3.3%, sparking discussions about bond market impacts and the Bank of Canada's September rate
- Read moreAugust 4, 2023
Mortgage Rates Likely to Stay High Until 2025
Former Bank of Canada Governor David Dodge's insight on prolonged elevated interest rates signals significant impacts on mortgages and real
- Read moreJuly 28, 2023
Canada’s Disappointing Growth Data from Q2 2023 May Halt Bank of Canada’s September Interest Rate Hike
Canada's Q2 2023 GDP growth of 0.3% disappoints, potentially halting Bank of Canada's September rate hike. This may provide some
- Read moreJuly 25, 2023
Did the Bank of Canada Increase Rates Too Much?
An in-depth analysis questions whether the Bank of Canada's rapid rate hikes were necessary as disinflationary forces and labor market
- Read moreJuly 18, 2023
Breaking: Inflation drops below 3%, but it isn’t all rosy
Canada's inflation dropped below 3%, but concerns arise as core inflation remains sticky and mortgage interest costs continue to rise,
- Read moreJuly 14, 2023
Mortgage Minute 26: UGH! Bank of Canada Summer Rate Jump
The Bank of Canada's rate increase signals potential frustration for mortgage holders, with implications for variable and fixed rates. Economic
