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Fixed Mortgage Rates on the Rise, While Effective Variable Rates Are Falling
Fixed mortgage rates in Canada have been marching higher over the past couple of weeks, led by a rise in funding costs for mortgage lenders.The main culprit is rising bond yields, which typically lead...
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The Urban Exodus…A Long-Term Trend or a Fad?
It’s now well-known that homebuyers are leaving urban markets for the suburbs in droves in search of larger and more affordable properties. While homebuyers have been trading in big-city life for...
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CMHC Unveils Hypothetical Worst-Case Scenarios if Economic Recovery Falters
Last year we explored some of the potential paths Canada’s post-pandemic recovery could follow.They included the “alphabet soup” of predictions, including V-, U-, W- and L-shaped trajectories.Just...
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Tips to Review Your Financial Health
Tips to Review Your Financial HealthWhether you’re a prospective homebuyer or an existing homeowner already paying down a mortgage, ensuring your finances are in good order is crucial for your overall...
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