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My Mortgage Blog — Latest Posts
What’s in the Federal Budget for Homebuyers?
The federal government has earmarked more than $10 billion in new spending for housing-related initiatives, much of which is focused on increasing supply. Overall, the federal budget includes $56...
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Inflation in Canada
The data from Statistics Canada showed as of January 2022, the average home price in Canada rose to a new high of $748,450, up 21% from a year earlier.With housing inventory in short supply and demand...
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The Bank of Canada Left Rates Unchanged. Now What?
The Bank of Canada may have raised its inflation forecasts, but it didn’t raise interest rates this week as many had expected. At its first rate policy meeting of the year,...
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Will the Bank of Canada Hike Early on Inflation Concerns?
Earlier this week, we learned that Canada’s headline CPI inflation rose to a 30-year high of 4.8% in December. That had a number of economists concerned, with many saying the...
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