News

A residential market sales forecast by Greater Vancouver Realtors says the impact of possible tariffs from the United States would likely be short-lived.   A residential market sales forecast by Greater Vancouver Realtors says the impact of possible tariffs from the United States would likely be short-lived.   Mortgage Rates & Mortgage Broker News in Canada 

When it comes to predicting mortgage rates, the only thing Canada’s mortgage experts are certain of right now is that nothing is certain.  When it comes to predicting mortgage rates, the only thing Canada’s mortgage experts are certain of right now is that nothing is certain.  Mortgage Rates & Mortgage Broker News in Canada 

The Bank of Canada expects to end quantitative tightening in the first half of this year and return to more normal asset purchasing levels, likely becoming the first major central bank to unwind its pandemic asset purchases.  The Bank of Canada expects to end quantitative tightening in the first half of this year and return

A regular review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.  A regular review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.  Mortgage Rates & Mortgage Broker News in Canada 

Canada Mortgage and Housing Corp. says the total number of housing starts in 2024 rose two per cent compared with 2023, helped by increased starts in Alberta, Quebec and the Atlantic provinces.  Canada Mortgage and Housing Corp. says the total number of housing starts in 2024 rose two per cent compared with 2023, helped by

The number of homes that changed hands across the country in December was up 19.2% compared with a year earlier, as the Canadian Real Estate Association says a strong fourth quarter bodes well for a rebound in sales in 2025.  The number of homes that changed hands across the country in December was up 19.2%

U.S. inflation rose for the second straight month, though core inflation showed modest signs of easing. Still, economists say it likely won’t be enough to warrant a Fed rate cut later this month.  U.S. inflation rose for the second straight month, though core inflation showed modest signs of easing. Still, economists say it likely won’t

Just when Canadians thought Bank of Canada rate hikes were behind us, one major bank is now forecasting their return as early as next year.  Just when Canadians thought Bank of Canada rate hikes were behind us, one major bank is now forecasting their return as early as next year.  Mortgage Rates & Mortgage Broker News

The Manitoba government is buying apartment buildings as part of its plan to move people out of encampments and address homelessness.  The Manitoba government is buying apartment buildings as part of its plan to move people out of encampments and address homelessness.  Mortgage Rates & Mortgage Broker News in Canada 

The City of Toronto is proposing to increase property taxes by 6.9% this year to help fund its $18.8 billion operating budget for 2025.  The City of Toronto is proposing to increase property taxes by 6.9% this year to help fund its $18.8 billion operating budget for 2025.  Mortgage Rates & Mortgage Broker News in Canada