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My Mortgage Blog — Latest Posts
House Prices Reaching New Heights. Where to from Here?
Several housing reports have been released over the last couple of weeks, and they all tell the same story: house prices are soaring. Records are being broken on a monthly basis, seemingly...
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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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Canada’s Housing Market Risk Rises, But Remains Moderate
Despite a sharp rise in home prices in 2020 and impacts from the pandemic-induced lockdown restrictions, the country’s housing risk remains "moderate.” That’s according to the third-quarter...
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