NEWS

Mortgage providers slash rates in wake of bond yield drop

Steve Huebl Interest Rates March 20, 2023 It took some time, but mortgage rates are now responding to last week’s plunge in bond yields...

Why mortgage brokers should know prepayment penalty calculations inside and out

Matthew Imhoff Mortgage Strategies March 17, 2023 All mortgage brokers should have a comfortable working knowledge of how prepayment...

Rents decline for third straight month, but remain 10% higher than last year

Steve Huebl Real Estate March 14, 2023 Average rents in Canada may have declined for the third consecutive month, but they still remain...

The latest in mortgage news: uninsured posted rates at decade-highs

Steve Huebl Bank of Canada March 10, 2023 Uninsured posted rates from Canada’s Big 6 banks have skyrocketed over the past year, according...

Bank of Canada not ruling out additional rate hikes just yet

Steve Huebl Bank of Canada March 9, 2023 The Bank of Canada delivered its first rate pause of the current rate-hike cycle yesterday, but...

Bank of Canada delivers long-awaited rate pause. Will it last?

Steve Huebl Bank of Canada March 8, 2023 For Canada’s variable-rate mortgage holders, no news was good news today. As expected, the Bank...

The housing bottom is in sight as sales pick up in February: RBC

Steve Huebl Real Estate March 7, 2023 Home sales are picking up in the major metro areas across the country, signalling that the housing...

State of the mortgage market: Canadians anxious about finances, but still see housing as investment

Steve Huebl Mortgage Industry News March 7, 2023 Canadian homeowners may be feeling more anxious about their finances these days, but an...

Fixed mortgage rates back on the rise

Steve Huebl Interest Rates February 27, 2023 Fixed mortgage rates in Canada surged last week thanks to a fresh run-up in bond yields....

Home prices to decline another 5-7% this year, but remain above pre-pandemic levels due to demand

Steve Huebl Real Estate February 25, 2023 Canadian home prices could fall another 5% to 7% in 2023, according to the latest forecast from...

‘Business for self’ clients are on the rise. How do you secure a mortgage for one?

Brennan Doherty Business Development February 22, 2023 Millions of Canadians now work for themselves, in everything from construction...

Canadian home sales January totals at lowest since 2009: CREA

Brennan Doherty Real Estate February 16, 2023 Canadian home sales figures in January dropped to their lowest level since 2009, a year...