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Mortgage News

Bank of Canada Rate Announcement – September 2021

Industry News

The Bank of Canada once again announces no change to the current overnight rate, keeping…Read More

Bank of Canada Interest Rate Announcement – July 14, 2021

Industry News

Bank of Canada holds key interest rate at 0.25%, cuts growth forecast for 2021.  …Read More

New CHMC Rules – July 2021

Industry News

The Canada Mortgage and Housing Corporation (CMHC) is easing their mortgage rules by going back…Read More

Mortgage Stress Test Changes

Industry News

As of June 1st 2021, the government has tweaked the qualification rate, in essence, increasing…Read More

Bank of Canada Interest Rate Announcement – June 9, 2021

Industry News

Bank of Canada is keeping its key interest rate target on hold at 0.25 per…Read More

The Mortgage Stress Test is Getting Even More Stressful…

Industry News

Ottawa has once again stepped in to toughen up the borrowing requirements for home buyers…Read More

New Mortgage Stress Test – Change is Coming!

Industry News

The only permanent thing in this world is change… and the mortgage stress test is…Read More

2021 Interest Rate Outlook

Industry News

by: Don Bayer, Founder MonsterMortgage.ca   I came across this cartoon in the G &…Read More

Bank of Canada Interest Rate Announcement – April 21, 2021

Industry News

BANK OF CANADA MAINTAINS INTEREST RATES STEADY AT 0.25% UNTIL INFLATION OBJECTIVE IS ACHIEVED  …Read More

Home Prices Vs. Interest Rates

Industry News

By: Don Bayer, President MonsterMortgage.ca   I came across this chart on BNN – Tuesday,…Read More