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
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
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
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
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
Hey Folks! Let's talk about the following: Fixed rates move higher, buy why?Tapering of asset purchases and what this might mean. Interest rate hikes by central bankers - rock and a hard place. As
Last week the Bank of Canada made monetary policy announcement that outlines the likely path to Mortgage (fixed & variable) interest rates. Let's break this down into several sections for
The movement of Mortgage rates in Canada are based on a long list of macro-economic policy decisions, locally and abroad. In today's world, many of these policy decisions work
What Do You Think Keeps The Bank of Canada Up At Night? Inflation? Or Deflation? Neither ...It's Stagflation! Let's Talk About It: Inflationary pressure. Deflationary pressure. Stagflation. What
Persistent inflation is a big risk to the Mortgage interest rate outlook in Canada. Check out my previous post that covers how inflation can also play out to be