Mortgages by Carolann Young

Carolann Young || September 15, 2023

Real estate activity continued to ease in August

Sales of existing homes continued to moderate in August following the Bank of Canada’s latest interest rate hikes in June and July. Sales fell 4.1% from July and are now 10% below their pre-pandemic...

Carolann Young || September 12, 2023

Unravelling the benefits of choosing a mortgage broker

One of the first big decisions prospective homebuyers face is how they plan to obtain their mortgage. Should they work with their bank, go direct-to-lender or choose a mortgage broker?As mortgage...

Carolann Young || September 12, 2023

Understanding mortgage default insurance in Canada

If you are currently in the market for a mortgage, you should be familiar with the term “mortgage default insurance.”For those who aren’t or if you need a bit of a refresher, we are going to outline...

Carolann Young || September 08, 2023

Canadian economy added nearly 40,000 jobs in August

The Canadian economy added a more-than-expected 39,900 jobs in August, according to data released this morning from Statistics Canada. The employment gains consisted of an increase of 32.2k...