Canadian Mortgage Trends ~ October 10th, 2025 Canada added 60,400 jobs in September, erasing August’s losses and raising the odds of a Bank of Canada rate pause later this month. The stronger-than-expected rebound immediately sparked questions about whether the central bank will follow through with another cut at its Oct…. Read More

Canadian Mortgage Trends ~ September 25th, 2025   Potential first-time homebuyers are continuing to put off purchases this year despite improving market conditions such as lower interest rates, rising inventory and softening prices, a new report says.   The data from Royal LePage’s latest first-time homebuyers survey, conducted by Burson, […]

Global News ~ September 20th, 2025 As the Bank of Canada on Wednesday lowered its overnight benchmark by 25 basis points from 2.75 per cent to 2.5 per cent, experts say homeowners looking to renew their mortgages have a chance to save. Commercial lenders, like private banks, base their rates […]

September 17th, 2025 The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. After remaining resilient to sharply higher US tariffs and ongoing uncertainty, global economic growth is showing signs […]

Global News ~ August 2nd, 2025 With the Bank of Canada holding interest rates again, economists and real estate experts say the housing market’s “new normal” may be looking more and more like the “old normal” from before the COVID-19 pandemic. “What we have now with more supply in the […]

Canadian Mortgage Trends ~ July 28th, 2025 As a tariff storm blew in from south of the border earlier this year, many industries in Canada, including the home building sector, feared the unknown ahead of them. With stakeholders already keenly aware of the need to rapidly scale up housing supply […]

Financial Post ~ July 11th, 2025 A large mortgage renewal wave is approaching, with many homeowners facing a tougher financial road ahead than others, a report by TD Economics says. “About 60 per cent of outstanding mortgages will renew by the end of 2026, and 40 per cent are expected […]

Financial Post ~ June 17th, 2025 There is a diversity of views among members of the Bank of Canada’s governing council on the best path forward for interest rates as they assess the pressures that trade disruptions could have on inflation, according to a summary of their deliberations released on […]

Robert McLister: Oil spikes only become a real headache if war-fuelled inflation drags on for more than a matter of monthsFinancial Post ~ Jun 20, 2025 Few economic shocks rattle family budgets more than rising borrowing costs. That’s one reason why wars that rocket oil prices are bad for Canadians’ […]

CTV News ~ June 5th, 2025 TORONTO — Nearly half of homeowners facing a mortgage renewal in the next year expect their monthly payments to go up — with many anticipating having to adjust their budget to keep up with the higher cost, a survey published on Thursday shows. A […]