My Mortgage Blog — Latest Posts
The Bank of Canada Left Rates Unchanged. Now What?
The Bank of Canada may have raised its inflation forecasts, but it didn’t raise interest rates this week as many had expected. At its first rate policy meeting of the year,...
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Will the Bank of Canada Hike Early on Inflation Concerns?
Earlier this week, we learned that Canada’s headline CPI inflation rose to a 30-year high of 4.8% in December. That had a number of economists concerned, with many saying the...
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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...
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Mortgage Amortization
When you shop around for a mortgage, you need to decide on the mortgage term and amortization period.The term and amortization impact: -Your overall costs. -Your interest rates. -Your regular...
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