Uncategorized 26 Apr 2024 Canada to Allow 30-Year Mortgages for First-Time Homebuyers For many young Canadians, the dream of homeownership has felt increasingly out of reach. Soaring housing prices coupled with rising interest rates over the last 2 year have created a significant affordability crisis. In a… CMSpeople
Uncategorized 12 Apr 2024 Bank of Canada News – Interest Rate Decision (04.11.24) Bank of Canada Holds Rate, Hints at Future Cuts: A Sign of Cooling Inflation? The Bank of Canada (BoC) held its key interest rate steady at 5% yesterday, as expected by most economists. This decision… CMSpeople
Uncategorized 05 Apr 2024 A Homeowner’s Guide to Second Mortgages in Canada Owning a home in Canada is a significant achievement, and over time, its value tends to rise. This value increase creates something valuable – home equity. A second mortgage allows you to leverage this built-up… CMSpeople