After months of tension that kept the global economy on a knife’s edge, a preliminary ceasefire agreement between the US and Iran was announced in mid-June 2026. While this is great news, there is a lot that still needs to be hashed out between the two countries. We’re going to dive into how this ceasefire [...]
Over the weekend, the world collectively exhaled as the headlines flashed: the US and Iran have finally come to an agreement. The markets reacted instantly, with Government of Canada bond yields taking a dive... which leads to the question: "Is this finally it? Are mortgage rates dropping?" Well, yes and no. The Bond Yield [...]
The Bank of Canada just wrapped up its June 10th meeting, and for the fifth consecutive time, the policy rate is staying exactly where it was: at 2.25%. This means prime rate will remain at 4.45%. Definitely no surprise here with odds of a rate cut going into this morning's announcement were sitting in the [...]
The news is out, and it’s finally official. According to the Statistics Canada report released on May 29th, the Canadian GDP declined by 0.10% in the first quarter of 2026. This follows a more significant 1.00% decline in Q4 2025. By the textbook definition: two consecutive quarters of negative growth... Canada is officially in a [...]
Living in Canada isn’t exactly getting any cheaper. Between the price of a decent latte and the ever-fluctuating real estate market, your mortgage is likely the biggest line item in your budget. So, when that renewal notice finally slides into your inbox, it’s only natural to feel a bit of "payment shock." It’s tempting to [...]
Thinking about tapping into your home equity but unsure on the best strategy? You aren’t alone. Choosing the right way to access the cash hidden within the walls of your home can be the difference between a smart financial move and a costly mistake. Whether you’re looking to wipe out high-interest debt, fund a major life [...]
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 [...]
