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My Mortgage Blog — Latest Posts
Job growth surprises in June. Will it delay another BoC rate cut?
Canada’s labour market showed unexpected strength in June, adding 83,000 jobs—marking the first monthly employment increase since January. The national unemployment rate edged down to 6.9%, reversing...
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Home sales post first monthly gain since November, but market still cooling year
Canada’s housing market posted a modest rebound in May, with home sales rising 3.6% from April, marking the first national monthly increase in more than six months, the Canadian Real Estate...
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BoC holds rates steady, but more cuts could be on the way
The Bank of Canada held its key interest rate steady at 2.75% this week, delivering its second consecutive pause as it weighs the impact of persistent inflation and new trade-related risks. The...
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GST rebate gives first-time buyers up to $50,000 off new homes
First-time buyers now have one more reason to consider a new build. The federal government has announced a new GST rebate that could save eligible buyers up to $50,000 on homes valued up to $1.5...
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