Steve Huebl

What the latest GDP figures mean for the Bank of Canada’s rate cut timing

Canada’s stronger-than-expected GDP growth in January could pose a challenge for the Bank of Canada, potentially complicating the timing for its anticipated interest rate cuts.  Canada’s stronger-than-expected GDP growth in January could pose a challenge for the Bank of Canada, potentially complicating the timing for its anticipated interest rate cuts.  Mortgage Rates & Mortgage Broker News […]

What the latest GDP figures mean for the Bank of Canada’s rate cut timing Read More »

Housing starts stable in 2023, but demand still outpaces growing supply of apartments

CMHC says construction of new homes in Canada’s six largest cities remained stable at near all-time high levels last year.  CMHC says construction of new homes in Canada’s six largest cities remained stable at near all-time high levels last year.  Mortgage Rates & Mortgage Broker News in Canada 

Housing starts stable in 2023, but demand still outpaces growing supply of apartments Read More »

Are Ontario’s 2024 budget housing policies enough to address the supply crisis?

As part of its $214.5 billion 2024 budget unveiled today, the Government of Ontario rolled out several housing initiatives aimed at increasing supply and facilitating the development of purpose-built rentals.  As part of its $214.5 billion 2024 budget unveiled today, the Government of Ontario rolled out several housing initiatives aimed at increasing supply and facilitating

Are Ontario’s 2024 budget housing policies enough to address the supply crisis? Read More »

Canadian recreational home prices expected to climb 5% this year amid supply squeeze

Median home prices in the country’s recreational housing markets are forecast to rise 5% in 2024 as demand grows for scarce listings.  Median home prices in the country’s recreational housing markets are forecast to rise 5% in 2024 as demand grows for scarce listings.  Mortgage Rates & Mortgage Broker News in Canada 

Canadian recreational home prices expected to climb 5% this year amid supply squeeze Read More »

Relicensing deadline looms for thousands of Ontario brokers who have yet to complete requirements

With just days remaining, FSRA says thousands of Ontario agents and brokers still haven’t completed two education courses required to maintain their existing licences.  With just days remaining, FSRA says thousands of Ontario agents and brokers still haven’t completed two education courses required to maintain their existing licences.  Mortgage Rates & Mortgage Broker News in Canada 

Relicensing deadline looms for thousands of Ontario brokers who have yet to complete requirements Read More »

BMO ramping up its broker channel division with new network partnerships

Since its official launch in late January, BMO’s BrokerEdge division has been making waves and slowly growing its presence in Canada’s mortgage broker channel.  Since its official launch in late January, BMO’s BrokerEdge division has been making waves and slowly growing its presence in Canada’s mortgage broker channel.  Mortgage Rates & Mortgage Broker News in Canada 

BMO ramping up its broker channel division with new network partnerships Read More »

Bank of Canada’s Governing Council divided over timing of future rate cuts

While conditions for rate cuts are expected to materialize over the course of the year, the Bank of Canada itself appears divided over when exactly these conditions will be met.  While conditions for rate cuts are expected to materialize over the course of the year, the Bank of Canada itself appears divided over when exactly

Bank of Canada’s Governing Council divided over timing of future rate cuts Read More »

Economists predict June rate cut as inflation continues to ease

Today’s lower-than-expected inflation reading for February has bolstered confidence that the Bank of Canada could initiate its first rate cut in June.  Today’s lower-than-expected inflation reading for February has bolstered confidence that the Bank of Canada could initiate its first rate cut in June.  Mortgage Rates & Mortgage Broker News in Canada 

Economists predict June rate cut as inflation continues to ease Read More »

National home sales in February up nearly 20% compared with year ago

The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago in what could mark the “last relatively uneventful month of the year.”  The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago in what could mark the “last relatively

National home sales in February up nearly 20% compared with year ago Read More »