Mortgage Broker Saint John NB: The Mortgage Group - Cindy MacFarland

Cindy MacFarland || July 19, 2023

Are there any government programs or incentives for first-time homebuyers in Canada and New Brunswick?

There are government programs and incentives available for first-time homebuyers in Canada and the province of New Brunswick. Here are some notable programs: Canada-wide programs: The First-Time...

Cindy MacFarland || July 18, 2023

Previous Mortgage Rate Trends

Examining past rate-hike cycles in Canadian history can provide us with some statistical insights regarding mortgage rates. Here are a few relevant statistics based on historical data:Historical...

Cindy MacFarland || June 22, 2023

Economic brief: OSFI increases capital buffer requirement for Canadian banks

Canada's banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has announced an increase in the capital buffer requirement for the country's largest...

Cindy MacFarland || June 16, 2023

Mortgage interest now one of the biggest drivers of inflation

In a twist of irony, the Bank of Canada’s interest rate hikes—meant to slow the economy and bring down inflation—are now one of the leading upward contributors to inflation. Mortgage interest...