Mortgages by Carolann Young

Carolann Young || October 10, 2023

Canadian economy added 64,000 jobs in September

The Canadian economy added a more-than-expected 64,000 jobs in September while the unemployment rate held steady, according to data released this morning from Statistics...

Carolann Young || September 15, 2023

Real estate activity continued to ease in August

Sales of existing homes continued to moderate in August following the Bank of Canada’s latest interest rate hikes in June and July. Sales fell 4.1% from July and are now 10% below their pre-pandemic...

Carolann Young || September 12, 2023

Unravelling the benefits of choosing a mortgage broker

One of the first big decisions prospective homebuyers face is how they plan to obtain their mortgage. Should they work with their bank, go direct-to-lender or choose a mortgage broker?As mortgage...

Carolann Young || September 12, 2023

Understanding mortgage default insurance in Canada

If you are currently in the market for a mortgage, you should be familiar with the term “mortgage default insurance.”For those who aren’t or if you need a bit of a refresher, we are going to outline...