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My Mortgage Blog — Latest Posts
Canadian economy added nearly 40,000 jobs in August
The Canadian economy added a more-than-expected 39,900 jobs in August, according to data released this morning from Statistics Canada. The employment gains consisted of an increase of 32.2k...
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Good news for variable-rate borrowers as Bank of Canada leaves rates on hold
Variable-rate mortgage borrowers who have seen their rates skyrocket over the past year and a half received a reprieve today as the Bank of Canada announced a rate hold. That leaves the bank's...
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Canadians are boosting savings amid economic concerns
Canadians aren’t taking any chances when it comes to their financial future as they prepare for the possibility of a forthcoming recession. According to data from TransUnion Canada, over a third...
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Canada set to grow in different ways
The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...
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