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Posted by: Kimberly Walker
There is a growing sentiment among market watchers that the Bank of Canada’s current fight against inflation is putting home prices in the crosshairs. In the release of the Bank’s annual Financial System Review, Governor Tiff Macklem mentioned a desire for “moderation” in the housing market several times. But he made the Bank’s priority clear. […]
Read MorePosted by: Kimberly Walker
Posted by: Kimberly Walker
Rising interest rates in Canada have triggered a change in home buyers. Mortgage brokers across the country have noticed more and more of their clients are opting get their mortgages through credit unions and private lenders. Figures compiled by Rates.ca show these alternative lenders have handled about 6.7% of Canada’s mortgage business so far this […]
Read MorePosted by: Kimberly Walker