CMSpeople

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…

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.    …

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.…

News worth smiling over. As of September 4, 2024, the Bank of Canada (BoC) has reduced its key interest rate by 25 basis points to 4.25%. This marks the third consecutive rate cut since June,…

As of August 27, 2024, the Canadian mortgage market continues to evolve, influenced by a combination of economic factors, interest rate fluctuations, and government policies. Here's a breakdown of the key trends and developments:  …

Disclaimer: While this blog provides general information, it's essential to consult with a mortgage professional for personalized advice based on your specific financial situation.   A Rapid Shift in the Mortgage Landscape Canada's housing market…

July 2024 Disclaimer: While this blog post provides a general overview based on current economic trends, it's essential to consult with a financial advisor for personalized advice tailored to your specific situation. The housing market…

So you've set your sights on homeownership – congratulations! But before you start browsing open houses, it's crucial to ensure your credit score is in tip-top shape. A strong credit score is essential for mortgage…