Mortgage Broker

The bond market plays a significant role in daily life, affecting mortgage rates. Uncertainty about inflation and interest rates is reflected in bond yields. Mortgage

The BoC plans to cut interest rates 3-5 times in 2024, potentially starting in June. This could lead to condo prices ↑ as early as

AI Adoption: Real Estate firms are embracing AI for faster decisions and data-driven insights.Operational Real Estate: Investments in properties like hospitals benefit from steady demand.

The Bank of Canada is considering a possible interest rate cut in June but wants more certainty before making a decision. Economic data shows progress

The BOC may delay rate cuts due to a strong spring housing market and federal spending. Economists predict rate cuts are unlikely before fall because

Increase for high earners: After June 25, 2024, capital gains tax increases for profits exceeding $250,000.The $250,000 threshold applies to individuals, including gains through partnerships

The Bank of Canada decided to maintain its key policy rate at 5%, signaling it's too early to consider lowering rates. Canadians expected rates to

Canada Mortgage and Housing Corp. predicts a decline in housing starts in 2023 due to high interest rates. Home prices are expected to rise gradually,

Lenders require extensive documentation to ensure borrowers can repay the mortgage. Being well-prepared with paperwork can facilitate a smoother mortgage approval process.

Canada's banking regulator is implementing a new rule to cap the number of residential mortgages banks can provide to highly indebted borrowers starting in 2025.