by Ryan Avery | Jan 30, 2023 | Uncategorized
Canada Mortgage Housing Corporation has announced new regulations that will be used for the implementation of the “Prohibition on the Purchase of Residential Property by Non-Canadians Act,” which comes into effect for a two-year period starting January 1. The...
by Ryan Avery | Jan 23, 2023 | Uncategorized
Mounting debt levels are likely to become the greatest fiscal risk for Canadian households in the coming year, according to Peter Routledge, Canada’s Superintendent of Financial Institutions. The statement came in the wake of the latest figures from the national...
by Ryan Avery | Jan 16, 2023 | Uncategorized
As of June 2022, we are currently seeing unnatural discrepancies in the size of mortgage loans borrowers will qualify for, and it’s all because of a rift in the space-time stress test continuum. You see, most 5-year fixed mortgage rates are already over 5%, making...
by Ryan Avery | Jan 9, 2023 | Uncategorized
Canada’s headline inflation reading continued to fall in November, but core inflation rose, increasing the potential for an additional Bank of Canada rate hike in January. The headline Consumer Price Index (CPI) continued to slow to an annual growth rate of...
Recent Comments