Twelve dollars for grapes? O.K. maybe not yet, but many people are feeling frustration, anxiety, and lots of other emotions about inflation. So what better time than now to provide a housing and market update. This is where we offer a review of the latest housing and economic data and rate trends. We’ll break down […]
Mortgage
Mortgage Projections for 2022
This is the time of year when everyone in the real estate world makes bold predictions of what the road ahead looks like for 2022. What are the interest rate projections for those looking to get into the housing market for the first time, and of course, for those who already have a mortgage that […]
Where are interest rates headed?
One of the big questions on everyone’s mind lately seems to be how to plan for the rising costs of living. What is the true economic outlook, where are interest rates headed, and should Canadians brace for impact sooner rather than later?
Bank of Canada September Press Release
Bank of Canada maintains policy rate, continues forward guidance and current pace of quantitative easing.
Mortgage Qualification Stress Test Changing
The way Canadians qualify for a mortgage is changing; known as the ‘stress test,’ it may cause more stress as it will be harder to obtain a residential mortgage.