Regulators Considering Further Cooling Measures

Canada’s banking regulator, OSFI, is back in the news saying it is looking at further tightening when it comes to mortgage rules. Specifically, the Office of the Superintendent of Financial Institutions (or OSFI) is now considering limiting banks from being able...
Buying a home and need to do some reno’s or updating?

Buying a home and need to do some reno’s or updating?

Are you looking at buying a home or refinancing your current mortgage and want to do some renovations? The Purchase Plus Improvements option allows renovation financing for the cost of the improvements to be added to the mortgage with as little as 5% down on the...
Bond Yields → Mortgage Rates

Bond Yields → Mortgage Rates

How Bond Yields Affect Fixed Mortgage Rates There are several factors that impact fixed mortgage rates in Canada. The single biggest factor is bond yields. Bond yields have an inverse relationship to Bond prices. In the recent years with the economic conditions the...