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My Mortgage Blog — Latest Posts
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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Good news for variable-rate borrowers as Bank of Canada leaves rates on hold
Variable-rate mortgage borrowers who have seen their rates skyrocket over the past year and a half received a reprieve today as the Bank of Canada announced a rate hold. That leaves the bank's...
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Headline inflation rises more than expected to 3.3% in July
Canada’s headline annual inflation rate rose more than expected in July, rising by 3.3%, faster than the 2.8% pace recorded in June.The reading came in above forecasts, with a consensus of economists...
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