by Simon Browning | Jul 18, 2025 | Mortgage Minute
Mortgage Minute – July 18, 2025 This week, the pressure on borrowers is intensifying from all sides. Rising fixed mortgage rates and a firm Bank of Canada are colliding with a complex renewal landscape, all while new data reveals a conflicted housing market and deep...
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...
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...
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...
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%...
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....
