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My Mortgage Blog — Latest Posts
Real estate activity continued to ease in August
Sales of existing homes continued to moderate in August following the Bank of Canada’s latest interest rate hikes in June and July. Sales fell 4.1% from July and are now 10% below their pre-pandemic...
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Understanding mortgage default insurance in Canada
If you are currently in the market for a mortgage, you should be familiar with the term “mortgage default insurance.” For those who aren’t or if you need a bit of a refresher, I’m going to outline...
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Mortgage Pre-Approval vs. Pre-Qualification: Navigating the Canadian Homebuying Journey
When starting on the exciting journey of purchasing a home in Canada, it's crucial to understand the key steps involved in securing a mortgage. Two essential stages that often cause confusion among...
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Canadian economy added nearly 40,000 jobs in August
The Canadian economy added a more-than-expected 39,900 jobs in August, according to data released this morning from Statistics Canada. The employment gains consisted of an increase of 32.2k...
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