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My Mortgage Blog — Latest Posts
Do you know all the costs of buying a home?
Before you take possession of your new home, you need to consider any and all additional costs of obtaining your mortgage - closing costs.. Home inspection...
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Real estate activity continued to ease in August
Sales of existing homes continued to moderate in August following the Bank of Canada’s latest interest rate hikes in June and July. Sales fell 4.1% from July and are now 10% below their pre-pandemic...
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Canadian economy added nearly 40,000 jobs in August
The Canadian economy added a more-than-expected 39,900 jobs in August, according to data released this morning from Statistics Canada. The employment gains consisted of an increase of 32.2k...
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Good news for variable-rate borrowers as Bank of Canada leaves rates on hold
Variable-rate mortgage borrowers who have seen their rates skyrocket over the past year and a half received a reprieve today as the Bank of Canada announced a rate hold. That leaves the bank's...
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