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My Mortgage Blog — Latest Posts
Aigerim Tashmatova || September 20, 2024
Millennials need help with home ownership
Recent reports from two of Canada’s major banks – CIBC and ScotiaBank – offer a glimpse into the world of millennials and home ownership as well as the impact of the Internet on mortgage...
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Aigerim Tashmatova || September 16, 2024
CMHC Mortgage Cap Raised to $1.5M, 30-Year Amortizations Expanded
The federal government today announced some sweeping changes to Canada's mortgage system in an effort to improve housing affordability and access. One of the key changes...
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Aigerim Tashmatova || September 04, 2024
Bank of Canada cuts policy rate to 4.25%
The Bank of Canada has dropped its policy rate to 4.25%, cutting it by 25 basis points this morning. This marks the third consecutive rate reduction by the central bank this year,...
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Aigerim Tashmatova || August 20, 2024
Inflation continued to ease in July
Canada's headline inflation rate slowed to a pace of 2.5% in July, Statistics Canada reported. The reading was in line with expectations and was down from June's headline figure of 2.7%. The...
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