My Mortgage Blog — Latest Posts
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...
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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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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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Capital Gains Tax on Home Sales: A Possibility or a Pipedream?
Part 1 of 2 There’s been a growing chorus of experts calling on the Canadian government to do something about runaway home prices. The benchmark selling price for a home in the Greater Toronto Area ...
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