June 8, 2023
Variable-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
Mortgage Blog
Every post from the Mortgages for Less team: mortgage rates, the Bank of Canada, Alberta housing, lender news and real client stories.
#image_title Read more- Read moreJune 7, 2023
Mortgage Minute 25: Bank of Canada Raises Rates AGAIN!
The Bank of Canada raised its interest rate today, after holding it steady for a few months. Inflation is still
#image_title Read moreJune 5, 2023Coin Toss: Rate Increase NOW or in July?
The odds of the Bank of Canada raising rates at this week's monetary policy meeting are essentially a coin toss,
#image_title Read moreJune 3, 2023Canada’s Strong GDP Growth Fuels Speculation of Rate Hikes by the Bank of Canada
Canada's strong Q1 2023 GDP growth fuels speculation of rate hikes by the Bank of Canada. Experts debate whether to
#image_title Read moreMay 30, 2023Explained: Why Fixed Mortgage Rates have been Increasing in May 2023
Recent weeks have witnessed a surge in mortgage rates at various lenders, including several of the Big-5 Banks in Canada,
#image_title Read moreMay 29, 2023Are Bank of Canada Rate Hikes Really Over?
The recent uptick in Canada's annual inflation rate has sparked a debate among economists regarding whether the Bank of Canada
#image_title Read moreMay 26, 2023Canadians are Abandoning the Usual 5-year Mortgage Terms
In recent months, there has been a noticeable shift in the preferences of Canadian homebuyers when it comes to mortgage
#image_title Read moreMay 23, 2023Could Higher Interest Rates be the Reason Canadians are Not Listing Their Homes?
In a surprising turn of events, the Canadian housing market is experiencing a shortage of new home listings, with homeowners
#image_title Read moreMay 17, 2023Mortgage Minute 24: Things are getting HOT in Alberta
After a period of uncertainty caused largely by the Bank of Canada raising its rate by more than 3%, it
