• Blog
  • Guides
    • Guide for Teachers
    • A Practical Guide to Buying Your First Home in Ontario
    • Refinance Roadmap
    • Business Owner’s Mortgage Toolkit
    • The Truth About Reverse Mortgages: Guide for Canadian Homeowners
  • Events
  • Downloads
  • Contact

(249) 480-1249

  • Apply Now
  • Calculators
    • How Much Can I Afford?
    • Mortgage Calculator
    • Purchase Calculator
    • Closing Costs
    • Land Transfer Taxes
    • Renewal Calculator
    • Refinance Calculator
    • Start An Application
  • Book a Call
  • Blog
  • Guides
    • A Practical Guide to Buying Your First Home in Ontario
    • Refinance Roadmap
    • Business Owner’s Mortgage Toolkit
    • The Truth About Reverse Mortgages: Your 2025 Guide for Canadian Homeowners
  • Events
  • Downloads
  • Contact

This Week in Mortgages: Inflation, Debt & Builder Slowdown. Mortgage Minute for June 13

by Simon Browning | Jun 14, 2025 | Mortgage Minute

This week delivered a mix of cautious optimism and continued pressure in Canada’s housing and lending landscape. Here’s what you need to know: Inflation cools, but rate cuts remain uncertain April’s headline inflation dropped to 1.7%, the lowest in seven months....

The Bank of Canada hit pause — but the economy didn’t. Mortgage Minute for June 6, 2025

by Simon Browning | Jun 8, 2025 | Mortgage Minute

From a record trade deficit to rising unemployment, the cracks are showing. And yet, fixed mortgage rates are still rising. For buyers, renewers, or refinancers, this is a high-stakes moment — one that rewards preparation over prediction. Here’s your mortgage minute...

Inflation is easing but bond yields are rising, pushing fixed rates up. Meanwhile, Toronto condo prices are down. Mortgage Minute for May 23, 2025

by Simon Browning | May 27, 2025 | Mortgage Minute

Your Weekly Update on Rates, Trends & Opportunities Inflation is easing—but not in the areas that matter most to the Bank of Canada. Bond yields are rising, pushing fixed rates up. Meanwhile, Toronto condos are down—but many other Canadian markets are still...

Inventory is up in Ontario giving buyers more leverage, but affordability remains tight. Mortgage Minute for May 17, 2025

by Simon Browning | May 18, 2025 | Mortgage Minute

Your Weekly Update on Rates, Trends & Opportunities Interest Rate Moves After briefly dipping below 4%, five-year fixed mortgage rates in Canada are climbing again, with most major banks increasing their rates by 10–15 basis points. This rise is being driven more...
Next Entries »

Recent Posts

  • Banks Continue to Raise Fixed Rates, Toronto Condos Hit Their Best Affordability Since 2017, and Ontario Home Sales Are Forecast to Fall – Mortgage Minute October 2, 2026
  • The Closing Freeze: 10 Things Not to Do Before You Get the Keys
  • Bank of Canada Warns Against Waiting Too Long on Rate Hikes, Canada’s Housing Shortage Persists, and Retirement Wealth Stays Locked in Homes – Mortgage Minute September 25, 2026
  • Fed Rate Hike Pushes Canadian Rates Higher, Toronto Condo Buyers Shift to Townhouses, and Renewal Payment Shock Looms – Mortgage Minute September 18, 2026
  • Fixed Rates Climb, Buyer Confidence Dips, and Toronto Condo Construction Stalls – Mortgage Minute September 11, 2026
  • Bank of Canada Holds Rate for a Seventh Meeting, Canada Sheds 41,700 Jobs, and GTA Home Sales Slip Below $1 Million – Mortgage Minute September 4, 2026
Simon Browning. Mortgage agent in Humber Bay, Toronto, Etobicoke, Mimico

Mortgage Agent Level 2

Serving Clients across Ontario

  • Follow
  • Follow
  • Follow
  • Follow
  • Follow

(249) 480-1249

BRX Mortgage

BRX Mortgage 13463