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Mortgage Blog

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Canadian Home Sales Slow for Fourth Consecutive Month

Canadian Home Sales Slow for Fourth Consecutive Month

August 17, 2021 | Posted by: Andrew Wade

The Slowdown In Canadian Housing Continued in July Today the Canadian Real Estate Association (CREA) released statistics showin ...

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Canadian Job Growth Continued in July As Unemployment Rate Fell to 7.5%

Canadian Job Growth Continued in July As Unemployment Rate Fell to 7.5%

August 6, 2021 | Posted by: Andrew Wade

Canada's Jobs Recovery Continued in July Canada’s labour market continued its recovery in July as health restrictions were lifted, but the gains were s ...

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Slowdown in Housing Continued in June

Slowdown in Housing Continued in June

July 15, 2021 | Posted by: Andrew Wade

The Slowdown In Canadian Housing Continued in June Today the Canadian Real Estate Association (CREA) released statistics showin ...

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Bank of Canada Tapers Bond-Buying Again

Bank of Canada Tapers Bond-Buying Again

July 14, 2021 | Posted by: Andrew Wade

Bank of Canada 'On the Vanguard' of Unwinding Stimulus The Bank of Canada raised its inflation fore ...

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Canadian Housing Continues to Moderate in May

Canadian Housing Continues to Moderate in May

June 24, 2021 | Posted by: Andrew Wade

The Slowdown In Canadian Housing Continued in May Today, the Canadian Real Estate Association (CREA) rele ...

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Mortgage Hacks in Canada

Mortgage Hacks in Canada

June 10, 2021 | Posted by: Andrew Wade

Fixed Mortgage HacksIf you have a Mortgage in Canada and you carry a Fixed Mortgage currently, than pay attention. The Bank doesn't want you to know this but the day your 5 year fixed term is up, your ...

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Bank Of Canada Holds Overnight Rate Steady....AGAIN!

Bank Of Canada Holds Overnight Rate Steady....AGAIN!

June 9, 2021 | Posted by: Andrew Wade

Bank of Canada Holds Rates and QE Steady--Asserting That Both the Upside in Inflation and the Downside in GDP is Temporary ...

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Canada's Job Recovery slowed from third wave restrictions

Canada's Job Recovery slowed from third wave restrictions

June 5, 2021 | Posted by: Andrew Wade

Canada's Jobs Recovery Derailed By Third-Wave Restriction This morning, Statistics Canada released ...

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 Second Mortgages in Canada

Second Mortgages in Canada

June 4, 2021 | Posted by: Andrew Wade

Second Mortgages Explained Second mortgages are loans taken against a home that already has a mortgage on it. In the case of a second mortgage, you are using your own home as collateral for the loa ...

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Housing Drove the Economic Expansion in Q1

Housing Drove the Economic Expansion in Q1

June 2, 2021 | Posted by: Andrew Wade

Yesterday's Stats Canada release showed that the economy grew at a 5.6% annualized rate in ...

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