The Bank of Canada has just made its latest rate announcement, and as always, it’s a hot topic for anyone involved in the mortgage and real estate market. Whether you're a first-time homebuyer, a seasoned investor, or simply keeping an eye on the … [Read more...] about Navigating the Latest Bank of Canada Rate Announcement: What It Means for You
Interest Rates
The Impact of Mortgage Stress Tests on Canadian Homebuyers
In recent years, mortgage stress tests have been a significant topic of discussion within the Canadian real estate market. These stress tests, implemented by the Office of the Superintendent of Financial Institutions (OSFI), have aimed to ensure that … [Read more...] about The Impact of Mortgage Stress Tests on Canadian Homebuyers
What to Know About the Latest Rate Hikes
With recent Bank of Canada interest rate hikes, and more on the way, here is what you need to know about how these fiscal policy changes affect your mortgage. First and foremost, the interest rate hikes directly affect individuals that currently … [Read more...] about What to Know About the Latest Rate Hikes