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My Mortgage Blog — Latest Posts
July’s weak jobs report unlikely to sway Bank of Canada’s next move
Canada’s labour market stumbled in July, losing 41,000 jobs, wiping out nearly half of June’s surprising gains. The unemployment rate held at 6.9%, but mostly because fewer people were looking for...
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Refinace on or before renewal
Refinancing Your Home: A Smart Move Before Renewal Refinancing your home before your mortgage renewal can be a strategic financial decision that opens doors to various opportunities. As a seasoned...
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What the Bank of Canada’s latest outlook means for interest rates
The Bank of Canada held its benchmark interest rate at 2.75% this week, marking its third straight hold in the current rate-cutting cycle. While the decision itself was widely expected, the...
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Home sales continue recovery in June, but price growth still subdued
Canada’s housing market posted another month of gains in June, with home sales rising 2.8% month-over-month, building on the 3.6% increase seen in May. The gains were driven largely...
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