Mortgages by Carolann Young

Carolann Young || January 30, 2023

Bank of Canada hikes rates by 0.25%, but is now likely to hit the pause button

The Bank of Canada delivered its eighth consecutive rate hike on Wednesday, January 25, but said it would likely now pause to assess the impacts of its rate hikes to date. As expected, the Bank...

Carolann Young || January 26, 2023

Bank of Canada Raises Rate by 25 bps

The Bank of Canada raised its key lending rate by 25 basis points this morning, bringing it to 4.50%.This is the eighth consecutive rate increase from the Bank of Canada, which has now increased the...

Carolann Young || January 12, 2023

What you need to know about Canada’s new foreign buyer ban

The start of the new year saw Canada’s new foreign buyer ban officially come into effect. The two year-ban, originally passed by Parliament in June to help address housing affordability...

Carolann Young || January 03, 2023

Ringing in the new year: here's what I'll be watching in 2023

With 2022 now in our rear-view mirror, it’s time to look ahead at what the coming year may have in store.I think it’s fair to say 2022 is a year many of us won’t soon forget.It was a year that started...