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My Mortgage Blog — Latest Posts
Rising interest rates cancelling out affordability gains
Falling home prices are typically welcomed by prospective homebuyers, since it means an improvement in affordability. For today’s first-time buyers, however, that’s not necessarily the...
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Is co-ownership right for you?
With interest rates rising, along with the overall cost of living, more people are turning to creative options to achieve homeownership. Co-ownership with family or friends—once a very niche...
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The Bank of Canada’s rate hikes may not be done yet
In addition to raising interest rates by another 75 basis points on September 7, the Bank of Canada also signalled that it’s not done hiking just yet. As expected, the Bank raised its overnight...
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Bank of Canada Raises Rate by 50 bps
As expected, as of June 1 2022, the Bank of Canada has raised its key lending rate by 50 basis points, bringing it to 1.50%. In its statement...
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