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My Mortgage Blog — Latest Posts
Building permits fell 6.5% in September
The total value of Canadian building permits fell 6.5% in September to a seasonally adjusted $11.2 billion, according toStatistics Canada. Residential permits, however, rose 4.3% to $7.2...
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Is the Bank of Canada finally done hiking rates?
As was widely expected, the Bank of Canada delivered a second consecutive rate hold today, leaving its key benchmark rate at 5.00%. That was welcome news for variable-rate mortgage holders, who...
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Canadian economy added 64,000 jobs in September
The Canadian economy added a more-than-expected 64,000 jobs in September while the unemployment rate held steady, according to data released this morning from Statistics...
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A Step-by-Step Guide to Determining Your Budget & Getting Pre-Approved for a Mortgage
The home-buying process in Canada can feel overwhelming at first, especially if you’re trying to figure out what you can comfortably afford and how to approach pre-approval. A clear, step-by-step plan...
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