Top Risks and Trends in Canada’s Mortgage Market From rising inflation and falling consumer confidence to changing real estate preferences, Canada’s mortgage market could be impacted on multiple fronts. Ben Rabidoux, a real estate analyst and founder of Edge Realty Analytics, recently participated in a webinar hosted by Mortgage Professionals Canada where he outlined some of the key [&hellip…
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Conservative Party outlines plan to make Canadian real estate more affordable The Conservative Party of Canada is kicking off the election campaign with a platform that includes tackling housing affordability through a three-pronged approach. One of the reasons for soaring prices experts often cite is a lack of available supply. The Conservatives say they will build a [&hellip…
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What Does High Inflation Mean for Mortgage Rates? If prime rate was to rise 125 basis points over the next three years, the average mortgage payment could increase by approximately $180 a month, or $2,172 a year, based on today’s average mortgage amount and the lowest variable rates available nationally. Canada’s inflation rate came in [&hellip…
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