Mortgage Blog

Trump did it--the trade war started at midnight. Stocks and currencies are falling, but so are interest rates.

March 6, 2025 | Posted by: Andrew Wade

Trump Did It--Trade War Starts Today Trump has imposed tariffs of 25% on goods coming from Mexico and Canada, 10% on Canadian energy, and an additional&n ...

Are rates going up with the Tarrif's in place in 2025?

March 5, 2025 | Posted by: Andrew Wade

Is the Global Economy Going to Exlode with Trump in Office? What Canadian Homeowners Need to Know in 2025 With new U.S. tariffs on Canadian goods already put in place March ...

Canada's January Unemployment Rate Fell to 6.6% On Stronger-Than-Expected Job Growth.

February 7, 2025 | Posted by: Andrew Wade

Stronger-Than-Expected Jobs Report in January Today's Labour Force Survey for January surprised on the high side as businesses expanded employment despit ...

Good News On the Inflations Front for Canada

October 15, 2024 | Posted by: Andrew Wade

More Good News On The Canadian Inflation Front Today's good inflation news raises the odds of a 50-basis-point rate cut in October or December. The stron ...

Secondary Suite Incentive Program BC

May 3, 2024 | Posted by: Andrew Wade

Hello EVERYONEGreat news for May for anyone looking to put in a suite into their home.The BC Government has officially launched the Secondary Suite Incentive Program (SSIP) as of yesterday May 2nd 202 ...

Great News On The Inflation Front Cause Big Bond Rally

February 21, 2024 | Posted by: Andrew Wade

Canadian Inflation Falls to 2.9% in January, Boosting Rate Cut Prospects The Consumer Price Index (CPI) rose 2.9% year-over-year in January, down sharply fro ...

4th Consecutive Mortgage Rate Hold by the Bank of Canada

January 24, 2024 | Posted by: Andrew Wade

The Bank of Canada Holds Rates Steady And Expects Rate Cuts Later This Year Today, The Bank of Canada held the overnight rate at 5% for the fourth consecutiv ...

Bank of Canada Mortgage Announcement Schedule 2024

January 16, 2024 | Posted by: Andrew Wade

The Bank of Canada today published its 2023 schedule for the release of its policy interest rate decisions and quarterly Monetary Policy Report. The dates are as follows: J ...

Bumpy road to Target Inflation in Canada

January 16, 2024 | Posted by: Andrew Wade

A Bumpy Road To The Inflation Target Canada's headline inflation number for December '23 moved up three bps to 3.4%, as expected, as gasoline prices didn't f ...

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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