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My Mortgage Blog — Latest Posts
Canadians are boosting savings amid economic concerns
Canadians aren’t taking any chances when it comes to their financial future as they prepare for the possibility of a forthcoming recession. According to data from TransUnion Canada, over a third...
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Economic brief: OSFI increases capital buffer requirement for Canadian banks
Canada's banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has announced an increase in the capital buffer requirement for the country's largest...
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Mortgage interest now one of the biggest drivers of inflation
In a twist of irony, the Bank of Canada’s interest rate hikes—meant to slow the economy and bring down inflation—are now one of the leading upward contributors to inflation. Mortgage interest...
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The Bank of Canada delivers another rate hike. Are more on the way?
The Bank of Canada delivered a quarter-point rate hike this week, bringing its key lending rate to 4.75%. Markets had been split over whether the Bank would choose to lift rates at this meeting...
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