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My Mortgage Blog — Latest Posts
Housing Prices to Decrease in 2022? Time to Prepare!
Several housing reports have been released over the last couple of weeks, and they all tell the same story: house prices are soaring. And if you have been paying attention to the market here on PEI...
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Why Are Housing Prices Soaring And Will It Continue?
Several housing reports have been released over the last couple of weeks, and they all tell the same story: house prices are soaring. As you can see on PEI we are seeing that occurring across the...
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Fixed Mortgage Rates on the Rise, While Effective Variable Rates Are Falling
Fixed mortgage rates in Canada have been marching higher over the past couple of weeks, led by a rise in funding costs for mortgage lenders.The main culprit is rising bond yields, which typically lead...
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Refinancing Your Mortgage – What You Need to Know!
This year has seen a rise in the number of homeowners who are considering refinancing their mortgage. Approximately 20% of Canadian homeowners say they plan to refinance their mortgage in the next 12...
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