It’s May 2026, and if you feel like the world is spinning a little faster than usual, you’re not alone. Between the daily headlines about new tariffs coming out of Washington and the ongoing volatility in the Middle East affecting oil prices, trying to pick a mortgage rate feels a bit like trying to predict [...]
Well, they did it. Or more accurately, they didn’t do much of anything. The latest Bank of Canada rate decision was released on Wednesday, April 29th that they are holding the overnight policy rate steady at 2.25%. The announcement was more of a snorefest, if anything, but that's exactly what was expected. Tiff Macklem and [...]
If you’ve been keeping even half an eye on the news lately, you know it’s been a bit of a rollercoaster. Between global tensions and the constant "will-they-won't-they" with interest rates, it’s enough to make any homeowner want to hide under the covers until 2030. But I’ve got some news that might actually let you [...]
Do you remember February 2022? Back then, the condo market felt like a contact sport. Listings disappeared overnight, buyers were stretching hard, and everyone seemed convinced prices would continue to rise. Fast forward to April 2026, and the mood is very different. We have a market that’s seems like it's trying to improve... but doing [...]
If you checked the news late last night and thought, "Okay... does this finally mean mortgage rates are about to calm down?" Fair question. Late on April 7, the U.S. and Iran announced a ceasefire deal tied to reopening the Strait of Hormuz. That matters. A lot. It’s one of the world’s most important oil [...]
The mortgage market is getting a bit spicy, with continuous upward pressure on fixed mortgage rates over the last month. After a brief period where it felt like we might be coasting downhill, the terrain has changed. Fixed mortgage rates have been climbing and if you’re sitting on the sidelines waiting for a sign from [...]
Do you remember February 2022? If you were anywhere near the GTA real estate market back then, it probably feels like a fever dream. Open houses had lineups, “no condition” offers were the norm, and prices were climbing so fast it felt like the numbers weren’t even real anymore. Peak hype. Peak FOMO. Fast forward [...]
Here we are again, another Bank of Canada announcement, another day of holding our collective breath, and another day of... well... exactly what everyone expected. On Wednesday, March 18th, 2026. The Bank of Canada (BoC) just stepped up to the podium and announced they are holding the overnight rate steady at 2.25%. This is the [...]
In last week’s blog, I warned that the crisis in Iran could push fixed rates higher... this week, it’s happening. On paper, the economy is doing the thing that normally brings rates down... not up. Yet here we are. We were finally seeing some of the lowest fixed rates since mid-2022. Bond yields were sliding and fixed mortgage rates [...]
If you’ve been watching the headlines… you’ve seen it. The war in Iran is escalating… and markets don’t wait around to “see how it goes.” In the wake of the US/Israeli strikes on Iran, bond yields wasted no time in reacting with large, upward spikes early this week. And when bond yields rise sharply... fixed rates may not be too far behind. The question [...]
