June 2023

The latest in mortgage news: Fixed rates continued to climb this week

The latest in mortgage news: Fixed rates continued to climb this week

While the pace of fixed-rate increases has slowed, lenders continued to bump mortgage rates higher this week, including three of the big banks.  While the pace of fixed-rate increases has slowed, lenders continued to bump mortgage rates higher this week, including three of the big banks.  Mortgage Rates & Mortgage Broker News in Canada 

The latest in mortgage news: Fixed rates continued to climb this week Read More »

Inflation hits 2-year low due to base effects, but unlikely to prevent another Bank of Canada rate hike

Inflation hits 2-year low due to base effects, but unlikely to prevent another Bank of Canada rate hike

As expected, Canada’s headline inflation rate fell to a two-year low in May, although the decrease was driving by sharply lower gasoline prices compared to last year.  As expected, Canada’s headline inflation rate fell to a two-year low in May, although the decrease was driving by sharply lower gasoline prices compared to last year.  Mortgage Rates

Inflation hits 2-year low due to base effects, but unlikely to prevent another Bank of Canada rate hike Read More »

Unleashing the power of LinkedIn: essential strategies and hidden gems for mortgage professionals

Unleashing the power of LinkedIn: essential strategies and hidden gems for mortgage professionals

In today’s digital age, LinkedIn has become a powerful tool for professionals across industries to connect, network, and showcase their expertise.  In today’s digital age, LinkedIn has become a powerful tool for professionals across industries to connect, network, and showcase their expertise.  Mortgage Rates & Mortgage Broker News in Canada 

Unleashing the power of LinkedIn: essential strategies and hidden gems for mortgage professionals Read More »

Filogix and Axiom sign 5-year agreement to enhance deal efficiency for brokers

Filogix and Axiom sign 5-year agreement to enhance deal efficiency for brokers

Filogix, one of the mortgage industry’s leading technology platforms, announced a five-year-deal with Axiom Innovations recently to help brokers across Canada secure deals more efficiently.  Filogix, one of the mortgage industry’s leading technology platforms, announced a five-year-deal with Axiom Innovations recently to help brokers across Canada secure deals more efficiently.  Mortgage Rates & Mortgage Broker News

Filogix and Axiom sign 5-year agreement to enhance deal efficiency for brokers Read More »

Canadian covered bonds retain high ratings despite market conditions: Fitch

Canadian covered bonds retain high ratings despite market conditions: Fitch

With the current combination of high interest rates, inflationary pressures, and higher mortgage payments, one would expect Canada’s structured bonds to decline in rating.  With the current combination of high interest rates, inflationary pressures, and higher mortgage payments, one would expect Canada’s structured bonds to decline in rating.  Mortgage Rates & Mortgage Broker News in Canada 

Canadian covered bonds retain high ratings despite market conditions: Fitch Read More »

From military service to mortgage success: How Philippe Gauvin found his perfect calling

From military service to mortgage success: How Philippe Gauvin found his perfect calling

When Philippe Gauvin completed his military service in 2019, he wanted to find a career that similarly valued discipline, a strong work ethic, and that provided the opportunity to help people.  When Philippe Gauvin completed his military service in 2019, he wanted to find a career that similarly valued discipline, a strong work ethic, and

From military service to mortgage success: How Philippe Gauvin found his perfect calling Read More »

A rebound in Canada’s housing market contributed to the June rate hike: BoC

A rebound in Canada’s housing market contributed to the June rate hike: BoC

Ongoing excess demand in the economy, including a recent rebound in existing home sales, contributed to the Bank of Canada’s decision to hike interest rates earlier this month.  Ongoing excess demand in the economy, including a recent rebound in existing home sales, contributed to the Bank of Canada’s decision to hike interest rates earlier this

A rebound in Canada’s housing market contributed to the June rate hike: BoC Read More »