My Mortgage Blog — Latest Posts
The Upside of Alternative and/or Unregulated Lenders
A recent report from the Bank of Canada reviewed the impact of the government's policy changes on the mortgage market. It found that overall market activity had slowed -- something we knew would...
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Interest Rate Hike has Winners
Interest rate increase has winnersBelieve it or not, the recent .25% rise in the prime interest rate is an indicator of a healthy economy. Despite trade tensions, Canada’s economy looks to be...
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Housing Affordability continues to erode
Housing affordability continues to erodeNew mortgage rules, rising interest rates, and stress tests have definitely cooled housing market activity by making it more challenging for some to qualify for...
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A Time of Great Change
FRIDAY, OCTOBER 27, 2017A time of great changeAs you probably know, the mortgage rules are changing once again, effective January 1. The introduction of the minimum qualifying rate (stress test), this...
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