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My Mortgage Blog — Latest Posts
David Clarke || June 16, 2023
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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David Clarke || June 08, 2023
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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David Clarke || May 12, 2023
Mortgage consumers benefit from professional guidance and support: CMHC
The homebuying process can be overwhelming for anybody, but even more so for first-time homebuyers. But whether for a first-time home purchase or a second or third, all homebuyers benefit from...
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David Clarke || April 18, 2023
Insured, insurable and uninsured mortgages…what’s the difference?
If you’ve spent any amount of time researching mortgage rates, you’ll likely have seen references to these types of products: insured, insurable and uninsured. It’s important to know the...
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