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My Mortgage Blog — Latest Posts
Larry Ellis || March 11, 2021
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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Larry Ellis || February 23, 2021
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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Larry Ellis || January 19, 2021
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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Larry Ellis || December 22, 2020
Forecasting Canada’s Housing Market in 2021
Earlier this year, the Canada Mortgage and Housing Corporation made a now-infamous prediction that home prices would fall by up to 18% over the course of 2020 and into 2021. Instead, prices...
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