July 10, 2023
Bank of Canada Expected to Increase Rate July 12th
The Bank of Canada is expected to raise rates by 0.25% on July 12, 2023, despite signs of a loosening
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 moreJune 27, 2023
Canada’s May inflation rate slows, weakening case for a July rate hike
Canada's May inflation rate slows, casting doubts on Bank of Canada's July rate hike. Annual inflation drops to 3.4%, the
- Read moreJune 23, 2023
Why the Bank of Canada Increased its Interest Rate June 7th
As we are all now aware, on June 7th, 2023, the Bank of Canada made the decision to increase its
- Read moreJune 20, 2023
May Inflation Data coming June 27
As Canada awaits the May CPI release, concerns over inflation persist. Analysts question the Bank of Canada's rate hike decision
- Read moreJune 16, 2023
Edmonton’s Resale Real Estate Market Set for Growth in 2023
Edmonton's resale real estate market defies expectations as prices are predicted to rise by 1.5% in 2023. Despite higher borrowing
#image_title Read moreJune 15, 2023Equifax Reports More Late Payments amid High Demand for Credit
Equifax® Canada's Market Pulse report reveals a high demand for credit in Q1 2023, while the mortgage market slows down.
#image_title Read moreJune 14, 2023Yikes! Mortgage Renewals with 2023’s Higher Interest Rates
Discover the changing landscape of mortgage renewals in the current interest rate climate. Adapt strategies for variable and fixed-rate borrowers,
#image_title Read moreJune 9, 2023Weak May Employment Numbers May Stop July Rate Increase
Weaker May employment numbers in Canada could impact the Bank of Canada's rate announcement in July, potentially reducing the likelihood
#image_title Read moreJune 8, 2023Variable-Rate Mortgage Holders Face More Challenges
The Bank of Canada's decision to raise interest rates again brings more challenges for variable-rate mortgage holders. With strong economic
