Mortgages by Carolann Young

Carolann Young || June 04, 2024

Variable rate mortgages are back in the spotlight

With the Bank of Canada expected to lower interest rates in the latter half of 2024, variable-rate mortgages are once again in the spotlight. Should you consider one?A variable-rate mortgage is a home...

Carolann Young || May 31, 2024

Economists: Q1 GDP Growth Slump Strengthens Case for June Rate Cut

The Bank of Canada now has more reason to pull the trigger on a rate cut when it meets next week following the release of Q1 GDP data. Data released by Statistics Canada on Friday showed...

Carolann Young || May 24, 2024

Inflation eased in April in line with expectations

Canada's headline inflation rate slowed in line with forecasts, easing to a pace of 2.7% in April, Statistics Canada reported. The reading was in line with the consensus forecast and down...

Carolann Young || May 07, 2024

Why a mortgage broker should be your first call at renewal time

Mortgage renewals can be daunting, especially in today’s high interest rate environment where the prospect of facing a payment shock is very real for many homeowners.But as mortgage brokers, we...