by WebDev | Aug 19, 2022 | Bank of Canada, Economy
Trigger Rates & Trigger Points It is no secret that interest rates are continuing to rise. The Bank of Canada has done a super-sized rate increase the past few times with interest rates increasing by half a point or more. Many people who are in a variable-rate...
by Lianna True | Feb 14, 2022 | Bank of Canada, CMHC, Credit Score, DLC, Economy, First Time Home Buyers, Getting a Mortgage, House Hunting, Mortgage Broker, Mortgage Insurance, Rates, Real Estate Investing, Refinancing
How Mortgage Rates Work The topic of how Mortgage Rates work is a long, complicated series of moving puzzle pieces that work together perfectly. Today we are going to break it down as best we can. During the process of taking out your first mortgage, you will learn...
by WebDev | Jul 10, 2020 | Bank of Canada, Business, Economy
This article was originally featured on Dominion Lending Centres Blog, written by Dr. Sherry Cooper. but we wanted to share this insightful information with you. It is our deepest desire to keep our clients well-versed in not only mortgage news, but also economic...
by WebDev | Apr 3, 2020 | Economy, Getting a Mortgage, Market Updates
This week brought about new changes and updates to rates, mortgage and more. It’s a strange world we are living in these days isn’t it? Our new “normal” doesn’t look like what it did just a short 3 weeks ago. We just want to take a moment and remind you that we are...
by WebDev | Jun 26, 2017 | Bank of Canada, Economy, Finances, Rates
There has been buzz lately about the rising of interest rates and what that could mean for Canadians. The media can tend to pump up these mortgage rate increases as though it were the appending apocalypse, touting headlines saying Canadians are headed in to mass debt,...
by WebDev | Oct 27, 2016 | DLC, Economy, Market Updates, mortgage trends
The Canadian Mortgage and Housing Corporation (CMHC) issued its quarterly housing market assessment and outlook yesterday, suggesting that, for the first time ever, there are “problematic conditions” in housing markets at the national level in Canada (see table below...
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