
Mortgage Blog
Working For You, NOT The Banks!
Canadian Inflation Fell to 3.1% (y/y) In October, Ensuring the BoC Holds Rates Steady
November 21, 2023 | Posted by: Andrew Wade
Good News On the Inflation Front Suggests Policy Rates Have Peaked Today's inflation report showed a continued improvement, mainly due to falling year-over-y ...
read moreHawkish Hold By The Bank of Canada
October 25, 2023 | Posted by: Andrew Wade
Hawkish Hold By The Bank of Canada The Bank of Canada today held its target for the overnight rate at 5%, as was widely expected. The central bank continues ...
read moreSo you want to buy a house that had a grow op!
October 24, 2023 | Posted by: Andrew Wade
All you need to know about buying a home that had or still has a grow op in it!There are certainly a few things we need to warn you with up front as buying a home like this is no easy task! Luckily I ...
read moreCanadian Inflation Dips to 3.8% Keeping BoC On The Sidelines
October 17, 2023 | Posted by: Andrew Wade
Good News On the Inflation Front Suggests Policy Rates Have Peaked Today's inflation report for September was considerably better than expected, ending the t ...
read moreSeptember Home Sales Weaken in Canada As New Listings Surge
October 14, 2023 | Posted by: Andrew Wade
Increasing Mortgage Rates Weighed Heavily On Housing In September Mortgage rates continued to rise in September after BoC tightening and one of the largest b ...
read moreUnderstanding your credit!
September 24, 2023 | Posted by: Andrew Wade
I have a confession to make. When I was a little boy, like many before me, I had the (ir)rational fear that there was a monster in my closet. I didn’t know what it was, but there as something th ...
read moreCo-Signor (Applicant) VS Guarantor
September 23, 2023 | Posted by: Andrew Wade
Co-Signer vs Guarantor With the current costs of homes, interest rates higher than the last few years, and stringent stress tests, first time buyers are finding it more and more difficult to qualify ...
read moreAugust Inflation Hotter Than Expected In Canada
September 20, 2023 | Posted by: Andrew Wade
August Inflation Hotter Than Expected Canada's inflation rate accelerated more than expected for the second consecutive month, mainly driven by higher g ...
read moreCanadian Home Sales Dipped In August Following BoC Rate Hikes
September 15, 2023 | Posted by: Andrew Wade
Home Sales Dipped Once Again Last Month In The Wake of Two Consecutive BoC Rate Hikes Not surprisingly, buyers moved to the sidelines last month as the centr ...
read moreBank of Canada Holds The Overnight Policy Rate Steady at 5%
September 6, 2023 | Posted by: Andrew Wade
Bank of Canada Holds Rates Steady Acknowledging Economic Slowdown With last Friday's publication of the anemic second-quarter GDP data, it was obvious that t ...
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