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My Mortgage Blog — Latest Posts
Larry Ellis || September 29, 2021
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...
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Larry Ellis || September 20, 2021
Home Prices Stabilizing but Expected to Keep Rising in 2022.
Average home prices across Canada have eased from their March peak, but a lack of supply and still-high demand is expected to keep prices rising into 2022.In August, the average selling price of a...
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Larry Ellis || September 01, 2021
What You Need to Know About the Bona Fide Sale Clause.
Mortgage shoppers who focus only on securing a rock-bottom interest rate may do so at the expense of flexibility that can sometimes save more money over the long run.For some products, this means...
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Larry Ellis || July 19, 2021
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...
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