Bank of Canada Market Survey Sees Rates Staying Higher For Longer

Posted On Nov 05, 2024

Key points from this article.1)Canada’s most prominent financial professionals see interest rates staying higher for longer. They won’t even return to 2019-levels by the end of 2026, according to the majority of forecasts.2)Policymakers frame...

5 Tips to Manage Financial Stress

Posted On Nov 04, 2024

 Despite the Bank of Canada taking steps to reduce interest rates, many Canadians still feel pressure due to the overall cost of living and inflation. This uncertainty can be unnerving for many individuals, but don’t fret! I have some tips and...

Key Highlights from CMHC's Residential Mortgage Industry Report | Fall 2024

Posted On Nov 04, 2024

 HIGHLIGHTS Renewal risk remains as 1.2 million mortgages will come up for renewal in 2025. Most of these will experience higher interest rates than when their term began: 85% of those were contracted when the Bank of Canada rate was at or below 1%...

Why mortgage broker over a bank?

Posted On Nov 04, 2024

Mortgage Broker Licensed professional who specialises in mortgagesWorks for you, not the bankPaid by the lender, except in special cases discussed before handAccess to multiple lending products, focused on your needsAvailable when you areUnlike a...