The Bank of Canada Announces Wednesday – Here Is What to Expect March inflation came in at 2.4%, up from 1.8% in February. Nearly all of that increase was driven by gas prices, which jumped over 21% in a single month as the Iran conflict pushed oil prices...
A lot happened in the mortgage world this week. Here are three stories worth paying attention to – and what they actually mean for your situation. The Renewal Payment Shock Is Real – But It Depends on Your Mortgage Type New data released this week puts a...
Bond yields pulled back this week after climbing sharply through March. Ontario’s HST rebate on new construction is now live as of April 1. And Toronto’s housing affordability, after two years of steady improvement, is starting to stall. Here’s what...
Three things happened this week that matter for your mortgage. Fixed rates moved up across the board as bond yields climbed to their highest point in roughly a year. Ontario announced a major HST rebate on new construction that starts in five days. And Canada’s...
Three things happened this week that matter for your mortgage. The Toronto housing correction reached a level that directly affects refinancing and equity decisions. A new survey revealed how anxious Canadian homeowners are about getting their renewal right. And a...
Three things happened this week that matter for your mortgage. Fixed rates moved up twice. The February jobs report came in as the worst in four years. And Tuesday’s Bank of Canada meeting is almost certainly going to produce no change at all. Here’s what...