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My Mortgage Blog — Latest Posts
Sue Gill || September 16, 2024
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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Sue Gill || September 04, 2024
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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Sue Gill || August 20, 2024
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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Sue Gill || August 01, 2024
Latest GDP numbers: What they mean for the Bank of Canada's next rate decision
It's been a little over a week since the Bank of Canada delivered its second consecutive rate cut, but markets are already looking ahead to the next rate decision in September. This week,...
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