Updated Home Affordability Numbers
Hey Guys! I thought some of you might be interested in seeing some affordability numbers in today's housing market. Let's look at how much income is required to purchase two properties, as
Bank of Canada 50 Basis Point Rate Hike
So many words below!! TL;DR ... The Bank of Canada increased the key policy rate by 0.50% this morning moving the rate higher to 3.75%.The commercial bank Prime interest rate will
October Real Estate Update
Hey Guys! Where do you think prices are headed in the next couple of months? Check out the data below to help formulate your own thoughts. Real Estate, as a commodity, is
Is Canada Importing U.S. Interest Rates?
Hey Guys! This is a monetary policy update from the U.S. which influences the Bank of Canada (BoC) and ultimately Canadian monetary policy (interest rates). I know we are all facing higher
Inflation And Interest Rate Update
Hey Guys! Here is some information I hope you find helpful: 1. Canada's updated inflation numbers. 2. Mortgage rate update. 3. Statistics package. This will be helpful if you're planning a Mortgage renewal, refinancing, selling
Calgary Real Estate Update: August 2022 Data
Hey Guys! Let's see how Calgary's Real Estate market is changing with higher interest rates! The Bank of Canada announced a 0.75% rate hike this morning (see below). We're reviewing some key
Calgary Market Update: Off Peak Pricing
Hey Guys! Are you curious how higher fixed and variable interest rates are influencing Calgary's housing prices? See below. A general rule of thumb is a 1% rise of interest rates is
How To Refinance Calgary
Hey Guys! This kind of "how-to" email is not typical from me, but I thought this would help some folks. The easing of monetary policy, in response to the pandemic, was a
Inflation, Variable and Fixed Rate Update
Hey Guys! Let's look at some leading economic indicators to help us understand where inflation might trend, and relate everything back to Canadian Mortgage interest rates. Read below: Inflation expectations and consumer data.Variable