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My Mortgage Blog — Latest Posts
What does today’s Bank of Canada rate cut mean for borrowers?
What does today's Bank of Canada rate cut mean for borrowers? Today's decision by the Bank of Canada to lower its key lending rate by a quarter point to 4.75% is welcome news for...
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9 THINGS YOU NEED TO KNOW ABOUT MORTGAGE RENEWALS IN 2024
Renewing your mortgage in 2024. What you need to know: 1️⃣ Rates are likely higher now than they were when you got your current mortgage 2️⃣ This means that your new mortgage payments will be...
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Economists: Q1 GDP Growth Slump Strengthens Case for June Rate Cut
The Bank of Canada now has more reason to pull the trigger on a rate cut when it meets next week following the release of Q1 GDP data. Data released by Statistics Canada on Friday showed...
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Inflation eased in April in line with expectations
Canada's headline inflation rate slowed in line with forecasts, easing to a pace of 2.7% in April, Statistics Canada reported. The reading was in line with the consensus forecast and down...
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