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My Mortgage Blog — Latest Posts
Mark Vassallo || July 12, 2024
Canadian housing market activity picked up in June
The Canadian housing market saw a modest increase in home sales in June, according to the latest report from the Canadian Real Estate Association (CREA). Home sales in Canada rose by 3.7% in June...
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Mark Vassallo || July 05, 2024
Jobless rate rises to 6.4% in June, raising questions about the BoC's next rate
Canada's labour market fell short of expectations in June, leading to an increase in the unemployment rate to 6.4%. Despite this weak report, most economists believe the Bank of Canada will not...
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Mark Vassallo || June 07, 2024
May employment growth fuelled by part-time positions
The Canadian economy continued to see a net rise in new jobs created last month, however all of the gains consisted of part-time positions. Statistics Canada reported today that the...
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Mark Vassallo || June 05, 2024
What does today’s Bank of Canada rate cut mean for borrowers?
What does today's Bank of Canada rate cut mean for borrowers? Today's decision by the Bank of Canada to lower its key lending rate by a quarter point to 4.75% is welcome news for...
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