Uncategorized 16 Jan 2025 Mortgage Rate Forecast – Where Are Rates Headed in 2025? Navigating Mortgage Rates in 2025: A Look Ahead The mortgage landscape in Canada has been dynamic, to say the least. As we move into 2025, it's crucial to understand the factors influencing mortgage rates and… CMSpeople
Uncategorized 06 Dec 2024 How to Handle Your Upcoming Mortgage Renewal The Canadian housing market has been a rollercoaster ride, and for many homeowners, the next stop is a significant increase in mortgage payments. With higher interest rates and mortgage renewals looming, it's crucial to understand… CMSpeople
Uncategorized 29 Nov 2024 Recent Mortgage Rule Changes: What You Need to Know The Canadian mortgage landscape has been undergoing significant changes in recent months. These changes, implemented by various regulatory bodies, aim to balance housing affordability, financial stability, and economic… CMSpeople
Uncategorized 08 Nov 2024 Refinance Your Mortgage – Is it a Smart Financial Move? Refinancing your mortgage can be a strategic financial move that can lead to significant savings over time. If you're looking to lower your monthly payments, reduce the overall interest paid on your loan, or access… CMSpeople
Uncategorized 24 Oct 2024 Bank of Canada Slashes Rates by 50 Basis Points A Brighter Outlook for the Canadian Housing Market The Canadian housing market is showing signs of recovery, driven by a combination of factors, including lower interest rates, government incentives, and a strong economy. As we… CMSpeople
Uncategorized 17 Oct 2024 Interest Rates on the Decline, Homebuyers on the Rise After a period of uncertainty, Canada's housing market is showing signs of life. The steady decline in interest rates has reignited interest among homebuyers, leading to a modest increase in sales transactions for the second… CMSpeople
Uncategorized 11 Oct 2024 New Mortgage Rules Coming for Canadians – What Are They? Big news for Canadian homebuyers. The federal government recently announced significant changes to mortgage regulations, aiming to make homeownership more accessible. Let's explore what these changes mean for you, lenders, builders, and insurers. … CMSpeople
Uncategorized 23 Sep 2024 Housing and Mortgage Rates – A Macroeconomic Outlook Canada's Economic Headwinds Persist While Canada may not be technically in a recession, the economic reality for many Canadians feels like one. Declining per-capita income and rising unemployment rates have left individuals and households struggling.… CMSpeople