Mortgages by Carolann Young

Carolann Young || July 17, 2018

Interest rate increase has winners

Believe it or not, the recent .25% rise in the prime interest rate is an indicator of a healthy economy. Despite trade tensions, Canada's economy looks to be weathering the tariff storm well, for...

Carolann Young || July 11, 2018

Bank of Canada raises key lending rate

This morning, the Bank of Canada (BoC) raised its policy rate another .25% bringing the rate to 1.5%, to keep inflation under wraps, whileacknowledging future hikes will be gradual because of the...

Carolann Young || July 04, 2018

Put together your Dream Team

Buying a new home and getting a mortgage is an important decision and can be stressful. Consider putting together a team of professionals to help make the entire process easier.Members of your home...

Carolann Young || June 14, 2018

Housing affordability continues to erode

New mortgage rules, rising interest rates, and stress tests have definitely cooled housing market activity by making it more challenging for some to qualify for mortgage. An unwelcome consequence...