Athabasca, Boyle, Lac la Biche Mortgage Broker

Kevin Mroczek || December 09, 2017

Higher rates could spell comeback for five-year mortgages

Hi everyone, here is a great example of mixed messages that are in the market about increased interest rates. My post prior to this article suggested the Canadian economy was cooling which would...

Kevin Mroczek || December 08, 2017

'Rip-roaring pace' is over: Canadian economy slows in third quarter

I'm sure you are thinking what is going on? All you have probably been hearing about is how strong our Canadian economy is and the fear of interest rate hikes. Here is an article that may suggest...

Kevin Mroczek || December 07, 2017

CMHC: Half Of Canada's Mortgage Loan Business Has Vanished, And It's A 'New Normal'

It's a result of the newmortgage rulesannounced by the federal government in the fourth quarter of 2016. TORONTO — Canada's national housing agency said Wednesday that the 47 per cent decline in the...

Kevin Mroczek || December 06, 2017

Bank of Canada announces rate

No increase today but the Bank of Canada seems to indicate there will be increases in 2018. Stay tuned.The Bank of Canada stuck with its trend-setting interest rate Wednesday _ but it offered fresh,...