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My Mortgage Blog — Latest Posts
Canada set to grow in different ways
The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...
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What the Bank of Canada’s latest outlook means for interest rates
The Bank of Canada held its benchmark interest rate at 2.75% this week, marking its third straight hold in the current rate-cutting cycle. While the decision itself was widely expected, the...
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Home sales continue recovery in June, but price growth still subdued
Canada’s housing market posted another month of gains in June, with home sales rising 2.8% month-over-month, building on the 3.6% increase seen in May. The gains were driven largely...
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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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