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Mortgage Blog

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Canadian Inflation Fell to 3.1% (y/y) In October, Ensuring the BoC Holds Rates Steady

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 ...

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Hawkish Hold By The Bank of Canada

Hawkish 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 ...

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So you want to buy a house that had a grow op!

So 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 ...

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Canadian Inflation Dips to 3.8% Keeping BoC On The Sidelines

Canadian 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 ...

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September Home Sales Weaken in Canada As New Listings Surge

September 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 ...

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Understanding your credit!

Understanding 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 ...

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Co-Signor (Applicant) VS Guarantor

Co-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 ...

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August Inflation Hotter Than Expected In Canada

August 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 ...

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Canadian Home Sales Dipped In August Following BoC Rate Hikes

Canadian 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 ...

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Bank of Canada Holds The Overnight Policy Rate Steady at 5%

Bank 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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