Mortgage Articles

As housing prices remain high, it’s become increasingly difficult for Millennials and Gen Z to afford homeownership. To address this, the Canadian government has introduced

In August 2024, Canada’s inflation rate fell to 2%, reaching the Bank of Canada’s long-awaited target after a prolonged effort to control price growth. This

The Bank of Canada has reduced its key interest rate for the third consecutive time, now sitting at 4.25%. This decision comes as inflation continues

Big news, everyone! The Bank of Canada is all set to cut interest rates for the third time in a row, and if you’re a

Canada’s economy showed some unexpected growth in the second quarter, but signs of weakness over the summer have many experts predicting an interest rate cut

Big news! The Bank of Canada is expected to drop interest rates, with the current 4.5% rate potentially falling to 3% by next July. This

As we move through 2024, here’s what we’re seeing in the markets and how we’re staying proactive at TopRankinMortgages: Volatility in Markets: The first half

Big changes are happening in the financial world, and they could impact your mortgage. Here’s what you need to know: What’s Happening? The Sahm Rule,

Recent U.S. job market reports have shown weaker-than-expected results, prompting speculation about interest rate cuts. This has significant implications for Canada, including potential changes from

August is a vibrant month in Ottawa, filled with exciting events and activities for everyone. Whether you’re a local or just visiting, here’s a roundup

TLDR The Bank of Canada reduced interest rates by 25 basis points to 4.5% The rate cut is good news for buyers and owners who

The Bank of Canada (BoC) is anticipated to lower its overnight interest rate by 25 basis points to 4.50% this Wednesday, according to a Reuters

The recent surveys from the Bank of Canada have painted a concerning picture of our economy, leading some to question if the central bank has

Canadian Government Bond Yields Drop, Potentially Lowering Fixed Mortgage Rates   Canadian borrowers are starting to be enticed by five-year mortgage rates. The consumer price

The Canadian labour market faces a grim outlook, with unemployment projected to exceed seven percent this year if the Bank of Canada (BoC) doesn’t implement

As your mortgage renewal date approaches, it’s important not to settle for just the five-year fixed or variable rate options that many lenders commonly offer.

Ottawa is bustling with activities this weekend, offering something for everyone. Whether you’re into sports, arts, music, or food, there’s an event for you. Here

As inflation in Canada climbed to 2.9% in May, surpassing the expected 2.6%, many Canadians are left wondering what this means for their finances, especially

Last week’s 25 basis point interest rate cut by the Bank of Canada (BOC) has brought welcome news for homeowners in Ottawa and across Canada.

The Bank of Canada has reduced its overnight rate by 25 basis points to 4.75%, a first since the pandemic began. This move comes after

April’s inflation data has sparked discussions among economists about the potential for the Bank of Canada to cut interest rates in June. With inflation cooling

In light of recent economic discussions, particularly highlighted by economist David Rosenberg, it’s clear that Canada is navigating through some choppy financial waters. For many

In a recent presentation to the Senate’s banking, commerce, and economy committee, Bank of Canada Governor Tiff Macklem reiterated the importance of maintaining the central

In the realm of mortgages, every fluctuation in the economy, particularly concerning interest rates, holds significant weight. As the financial landscape continues to evolve, so

In recent weeks, Canada’s economic landscape has undergone subtle yet significant shifts, signaling a moment of caution and reevaluation for homeowners and potential buyers alike.

As the spring housing market looms on the horizon, potential homebuyers are facing a crucial decision point. With expert insights pointing towards an imminent heating

We’re thrilled to announce our partnership with BMO, positioning us as one of the first mortgage agents in Canada to be onboarded! This exciting collaboration

The Canadian economy experienced modest growth in the final quarter of 2023, expanding by one percent on an annualized basis, as reported by Statistics Canada.

Canada’s inflation rate experienced a significant drop in January, settling at 2.9%, which falls within the Bank of Canada’s target range of 1-3%. This decrease

As Canada’s housing market shows signs of revitalization after a prolonged period of downturn, several factors including pent-up demand, a persistent shortage of housing, rising

The journey to homeownership is a landmark event filled with excitement and aspirations. Yet, to traverse this path with confidence, it’s critical to unpack the

The Bank of Canada has maintained its key interest rate at 5%, marking the fourth consecutive hold, and signaled a significant shift in its monetary

The journey to homeownership is an exciting milestone. However, for many first-time homebuyers in Canada, accumulating enough savings for a down payment remains a significant

Canada’s real estate landscape is on the brink of a significant shift, with early signs of recovery in sight, according to a recent analysis by