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My Mortgage Blog — Latest Posts
Bank of Canada holds rates, but remains hawkish by saying rates could still rise
There were no surprises with this week’s rate hold by the Bank of Canada, with some observers saying the Bank is likely to leave interest rates unchanged "for some time yet.” As a result of...
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What you need to know about Canada’s new foreign buyer ban – Updated
The start of the new year saw Canada’s new foreign buyer ban officially come into effect. The two year-ban, originally passed by Parliament in June to help address housing affordability...
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Canada set to grow in different ways
The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...
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Millennials need help with home ownership
Recent reports from two of Canada’s major banks – CIBC and ScotiaBank – offer a glimpse into the world of millennials and home ownership as well as the impact of the Internet on mortgage...
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