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My Mortgage Blog — Latest Posts
Big week for mortgage rules: Feds announce key reforms
It’s been a big week for mortgage news, with both the federal government and OSFI rolling out important updates. The government has shared more details on its mortgage reforms, like...
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CMHC Mortgage Cap Raised to $1.5M, 30-Year Amortizations Expanded
The federal government today announced some sweeping changes to Canada's mortgage system in an effort to improve housing affordability and access. One of the key changes...
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Bank of Canada cuts policy rate to 4.25%
The Bank of Canada has dropped its policy rate to 4.25%, cutting it by 25 basis points this morning. This marks the third consecutive rate reduction by the central bank this year,...
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Inflation continued to ease in July
Canada's headline inflation rate slowed to a pace of 2.5% in July, Statistics Canada reported. The reading was in line with expectations and was down from June's headline figure of 2.7%. The...
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