Why Toronto’s Condo Market Correction May Not Fix Affordability for Long

If you’ve been watching the headlines lately, you’ve probably seen a lot of talk about bond yields, swaps, and funding costs. Most people don’t wake up excited to read that stuff. Luckily for you, we do. Here’s the simple version of what happened in the market on Monday and what it means for Canadian mortgage rates. Every major indicator we track moved slightly lower. That matters, because these indicators set the tone for where fixed mortgage rates are likely headed in the c

The Toronto Market Is Flat. Here's What That Actually Means for You.

If you’ve been thinking about buying a property, whether that be your first home, next home, forever home, or a home to retire into, the current state of the Canadian economy might have you wondering: Is this really the right time to make a move? There is certainly no shortage of doom and gloom in the news out there. The truth is, that’s a tough question to answer in the best of times. It’s nearly impossible to know for sure what’s going to happen next with the housing market

We did a market update for realtors. It is important that you know what is going on in the mortgage market so that you can best support your clients through this difficult time. You can check out the recording in the link below: Topic: Covid-19 & the Mortgage Market for Realtors Date: Apr 8, 2020 05:30 PM Eastern Time (US and Canada) Meeting Recording: https://us02web.zoom.us/rec/share/vfxTH6vopltLGK_s02eHd4UTNJXBT6a8hCIYq_AEz013oj5ZfR8IwkapcWpsYMLi

60% of market watchers are currently speculating that they expect to see interest rates rising this month. Why do they think this? April...