Inflation hits milestone high in Canada Get your complementary Pre-Approval from aDiamondMortgage, here StatCan revealed that the pace of inflation has shattered a 30-year record The annual inflation in Canada rate hit 5.1% in January – the first time it has surpassed the 5% mark for over 30 years, according to Statistics Canada. That increase, which followed a [&hellip…
Get your complementary Pre-Approval from aDiamondMortgage, here Toronto Surpasses Vancouver as Canada’s priciest market RBC’s chief economist says despite skyrocketing prices, some moderation is likely this year Recent weeks have seen a significant milestone on Canada’s housing and mortgage fronts: after decades with the dubious honour of being the country’s priciest city, Vancouver was finally overtaken by its [&hellip…
Get your complementary Pre-Approval from aDiamondMortgage, here. Mortgages 101: What’s a mortgage and how to choose between fixed and variable rates in Canada? Selecting a mortgage is one of the biggest – and most stressful – financial decision made by many Canadians. But a clear understanding of a few basic terms and concepts can help allay some the [&hellip…
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