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Rate Cuts Paused, Toronto Condo Market “Stuck”: Mortgage Minute for July 11, 2025

by Simon Browning | Jul 11, 2025 | Mortgage Minute

This week, hopes for further interest rate cuts were put on pause, as a tough market creates new challenges in the Toronto condo market for condo owners and highlights the growing importance of family help in buying a home. Rate Cut Hopes on Hold Even with a...

Rates, Affordability, Population: Your July 4th Mortgage Minute

by Simon Browning | Jul 4, 2025 | Mortgage Minute

The Canadian housing market is constantly evolving, and this week brings some notable shifts that every homeowner and aspiring buyer should be aware of. We’re seeing changes in interest rate forecasts, improvements in affordability in certain areas, and even new...

Toronto Condo Prices Are Falling | Bank of Canada Rate Dilemma | Mortgage Minute for June 27 2025

by Simon Browning | Jun 29, 2025 | Mortgage Minute

Mortgage Minute – June 27, 2025 This week, the Toronto condo market continued its shift into clear buyer’s territory¹, while on the national level, a softening economy created a big dilemma for the Bank of Canada². Here’s a breakdown: The Economy Softens, But...

Prices Rising, Rates Holding, Buyers Returning. Mortgage Minute for June 20

by Simon Browning | Jun 22, 2025 | Mortgage Minute

Buyers Are Returning Home sales rose 3.6% in May — the first monthly increase in over 6 months¹. While it’s not a full rebound, buyer confidence may be returning after a long pause. Prices Are Still Climbing The average home price in Canada hit $691,299, up nearly 2%...

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

Mortgage Agent Level 2

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