My Mortgage Blog — Latest Posts
Mortgage Volumes Post Record Growth
Mortgage volumes posted their highest-ever rate of growth in the second quarter, driven in large part by historically low mortgage rates and a strong housing market. Compared to the second...
Read More
Will High Inflation Prove to be Temporary? The Bank of Canada Thinks So.
Inflation in Canada is now expected to run a full percentage point above the Bank of Canada’s (BoC) target of 2% through the end of the year. But the central bank believes—for now at least—that...
Read More
Mortgage Stress Test Changes Coming June 1 – What You Need to Know
Starting June 1, 2021, the minimum qualifying rate used for both the insured and uninsured mortgage stress tests will be increasing.Whether you’re making a down payment of less than 20% or more than...
Read More
Recreational Properties Likely to See Continued Demand and Price Growth in 2021
For the past year, soaring home prices and a desire for more space have sent homebuyers flocking beyond the suburbs and into beautiful cottage country.It’s a trend that is playing out right across the...
Read More