How often are Canadians taking out mortgages at present? The mortgage spree that started during the pandemic is alive and well The annual rate of growth in the number of mortgages taken…
Month: July 2021
Maximum Approved Mortgage
Majority of Canadian Buyers Borrowing Their Maximum Approved Mortgage Soaring home prices over the past year have forced a majority of today’s homebuyers to use the maximum mortgage amounts they’ve been approved…
BoC’s Inflation Strategy
BoC’s Macklem outlines the bank’s inflation strategy Bank of Canada Governor Tiff Macklem said that the central bank will act to curb inflation if current price pressures remain and begin to appear…