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
Interest Rates
Where Canadian fixed and variable mortgage rates are heading, what moves them, and what it means for Alberta borrowers choosing or renewing a mortgage.
#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 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
- Read moreJanuary 25, 2023
Mortgage Minute 22: The Bank of Canada’s Final Rate Increase
Time To Evaluate Is the Bank of Canada finally ready to stop their rate hikes? Need Some Mortgage Advice? Whether
- Read moreDecember 16, 2022
Mortgage Minute 21: Why Are Variable Rates Higher Than Fixed?
It is a common understanding that taking a 5-year variable rate mortgage nearly always costs less when compared to a
- Read moreDecember 7, 2022
Mortgage Minute 20: Bank of Canada Raises Rates for the Last Time in 2022
The Final 2022 Rate Adjustment It's Finally Here. Can we expect to see a leveling out in 2023? Need Some
