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

Cindy MacFarland || January 27, 2022

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,...

Cindy MacFarland || January 21, 2022

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...

Cindy MacFarland || January 11, 2022

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...

Cindy MacFarland || December 30, 2021

No Changes to the Mortgage Stress Tests

If you’re in the market for a home—and a mortgage—you’ll have to continue to prove you can afford monthly payments based on a rate of at least 5.25%.That’s what’s known as the “minimum qualifying...