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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...
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Simon Browning. Mortgage agent in Humber Bay, Toronto, Etobicoke, Mimico

Mortgage Agent Level 2

Serving Clients across Ontario

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(249) 480-1249

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