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My Mortgage Blog — Latest Posts
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With the recent news that that Bank of Canada increased their rate by.25% and the new Federal Government Stress test rate of 2 % over contract rate for clients with more than 20% down payment, the...
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Wholesale trade numbers point towards recovery!
The key here is the year over year growth!The latest wholesale tradenumbers confirm that Albertans and Alberta businesses continue to have faith in the province's economic recovery.Wholesale trade is...
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92% of middle-class families face tax hike of over $2,200 beginning in 2019: Fraser Institute
We all feel like we are paying more taxes. Here is just another example!A new Fraser Institute report —The Effect of Canadian Families of Changes to Federal Income Tax and CPP Payroll Tax— says more...
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Canada’s mortgage changes could hurt overall economy
I think the important thing to remember with the stress test, is I'm sure you will still qualify for a mortgage, the question will be how much of a mortgage?The January 1 changes to Canada’s mortgage...
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