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Inflation Milestone Canada

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Toronto Surpasses Vancouver

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Mortgages 101

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One in three Canadians struggles…

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CMHC Calls for Surtax on $1M+

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CREA, Rising Home Sales, 2022

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Calgary housing complex begins

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Gen Z Affordability Hurdle

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Tag Archives: Purchase & Down Payment

Mortgages 101

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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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Housing Affordability Worsens

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Get your complementary Pre-Approval from aDiamondMortgage, here Housing Affordability Worsens, Time Needed to Save for a Down Payment Increases Even before fixed mortgage rates started rising last month, housing affordability continued to deteriorate in the third quarter, the National Bank of Canada reported Wednesday. Housing affordability posted a third consecutive quarterly decline, while over the past 12 months [&hellip…

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Rate Hikes Predictions

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Get your complementary Pre-Approval from aDiamondMortgage, here. Scotiabank economist predicts eight rate hikes in next two years Current inflation is “not transitory at all” according to expert Taking current trends and inflationary pressures into account, the Bank of Canada will likely raise its benchmark interest rate four times in the second half of next year and another four [&hellip…

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