Larry Ellis - Mortgage Broker

Larry Ellis || January 11, 2022

Home Surtax Explored as Prices Continue to Rise

As new home prices marked the 20th consecutive month of growth, a new report backed by Canada’s housing agency called for a new annual tax to help address affordability. The...

Larry Ellis || October 27, 2021

A Snapshot of the Canadian Mortgage Market

Mortgage debt is rising at its fastest pace in over 10 years, yet arrears have fallen to record lows. Meanwhile, more mortgage shoppers are opting for variable rates and a growing...

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...

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...