3/16/2023 | Posted in Canadian Housing Market by Anabela Serra
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Many Canadian homebuyers were sidelined after interest rates climbed to the highest level in more than a decade last year, but a new report found most individuals that ... More

2/16/2023 | Posted in Interest Rates by Anabela Serra
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Governor Tiff Macklem set an optimistic tone in a speech Thursday but kept it real with warnings about potential headwinds
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2/14/2023 | Posted in Mortgage Interest Rates by Anabela Serra
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One of the most prominent discussion points between brokers, agents and their clients, the fixed-versus-variable debate, took a significant swing in 2022 as a big trend of ... More

1/30/2023 | Posted in Interest Rates by Anabela Serra
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While rates have been steadily climbing for variable mortgages, fixed mortgage rates have been moving in the opposite direction.
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1/26/2023 | Posted in Mortgages and Real Estate by Anabela Serra
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Central bank signalled it would put the rate hiking cycle on pause - at least for now
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1/13/2023 | Posted in Mortgage News by Anabela Serra
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Canada's banking regulator has unveiled three new regulatory proposals that could further restrict mortgage lending pending a just-launched consultation period.
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1/3/2023 | Posted in Mortgage Interest Rates by Anabela Serra
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Some industry analysts believe the time for rate hikes has come to an end.
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12/21/2022 | Posted in Canadian Economy and Interest Rates by Anabela Serra
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The end of the central bank's rate hikes may be imminent – a development that could be a welcome boost for homebuyers
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12/20/2022 | Posted in Home Buyers by Anabela Serra
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High home prices and rising interest rates over the course of 2022 have made it significantly harder for buyers to qualify for the average mortgage.
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12/7/2022 | Posted in Canadian Economy and Interest Rates by Anabela Serra
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The Bank of Canada is increasing its key overnight interest rate by 50 basis points to 4.25 per cent. This is the seventh consecutive increase since the Bank began hiking rates ... More

12/7/2022 | Posted in Rental Market by Anabela Serra
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Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in ... More

12/2/2022 | Posted in Interest Rates by Anabela Serra
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The Bank of Canada is expected to conclude a historic year marked by high inflation and aggressive monetary policy tightening with one more interest rate hike on ... More

11/23/2022 | Posted in Home Buyers by Anabela Serra
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Variable-rate mortgage holders who have recently purchased their homes will be especially burdened by the prevailing rate-hike environment, according to Bank of Canada senior ... More

11/15/2022 | Posted in Home Buyers by Anabela Serra
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Already a source of huge debate in the mortgage industry since its introduction, the mortgage stress test came under scrutiny from executives at top Canadian lenders during a ... More

11/8/2022 | Posted in Mortgage Interest Rates by Anabela Serra
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Plus: The trajectory of interest rates throughout the year to date
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10/7/2022 | Posted in Mortgage Interest Rates by Anabela Serra
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Having already raised interest rates by 300 basis points this year, the Bank of Canada’s Tiff Macklem confirmed on Thursday that additional rate hikes (plural form) are ... More

10/4/2022 | Posted in Home Buyers by Anabela Serra
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With high inflation and rising interest rates, a new survey has found nearly one in five Canadians say they're putting off buying a home.
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9/28/2022 | Posted in New Developments by Anabela Serra
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Sales levels of condos and single-family homes were more than 80 per cent lower than last August, says the homebuilders’ association.
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9/14/2022 | Posted in Home Buyers by Anabela Serra
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Despite today’s mortgage borrowers having to qualify at rates in excess of 6% and 7%, Canada’s banking regulator said no changes to the stress test are ... More

9/9/2022 | Posted in Home Buyers by Anabela Serra
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Renewed calls to re-evaluate the stress test came in the wake of the Bank of Canada's latest outsized rate hike
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9/8/2022 | Posted in Home Buyers by Anabela Serra
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In a country where the Big Six banks control 80 per cent mortgage market share, Canada’s smaller lenders are making some rare headway after the Bank of Canada’s ... More

9/7/2022 | Posted in Canadian Economy and Interest Rates by Anabela Serra
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The Bank of Canada has increased its benchmark rate by 0.75%, marking a fifth consecutive hike in its latest effort to get surging price growth under control.
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8/14/2022 | Posted in Home Buyers by Anabela Serra
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Housing affordability deteriorated to its worst level in over 30 years, according to data from the Bank of Canada.
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8/1/2022 | Posted in Home Buyers by Anabela Serra
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Here is a list of expenses you will have with carrying a home.
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7/31/2022 | Posted in Home Buyers by Anabela Serra
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Here are the pros and cons of buying a house in a recession - and everything in between.
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7/10/2022 | Posted in Mortgage Interest Rates by Anabela Serra
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Economists are predicting the Bank of Canada will hike its key interest rate by three-quarters of a percentage point on Wednesday as inflation rages on globally.
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6/17/2022 | Posted in Mortgages and Real Estate by Anabela Serra
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Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so ... More

6/16/2022 | Posted in Canadian Housing Market by Anabela Serra
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In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels.
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6/14/2022 | Posted in Interest Rates by Anabela Serra
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Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising.
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6/10/2022 | Posted in Mortgages and Real Estate by Anabela Serra
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Central bank highlights rising debt loads and falling home prices among ... More


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