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    Mortgage News & Events

    Jun 20

    Canada’s Housing Market Cools Again in May

    By ClientFirstMortgages Mortgage News & Events
    The Canadian housing market experienced a modest cooling in May, with home prices and sales activity dipping slightly.  This comes…
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    Apr 26

    Four Positive Developments for Housing in 2024

    By ClientFirstMortgages Mortgage News & Events
    Home Buyers were front and center in the federal government's recent Budget 2024, which has unveiled measures aimed at bringing…
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    Apr 12

    Bank of Canada To Maintain Benchmark Interest Rate

    By ClientFirstMortgages Mortgage News & Events
    Bank of Canada To Maintain Benchmark Interest Rate Amidst Growing Speculation The Bank of Canada has once again opted to…
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    Mar 13

    Two-Year Extension of Ban on Foreign Home Ownership in Canada.

    By ClientFirstMortgages Economic & Real Estate News, Mortgage News & Events
    Finance Minister and deputy Prime Minister, Freeland, has announced a significant extension to the ban on foreign buyers acquiring Canadian…
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    Mar 13

    Surge in Mortgage Delinquencies

    By ClientFirstMortgages Mortgage News & Events
    Equifax Canada's recent report unveils alarming statistics regarding the increasing number of missed payments on mortgages and credit cards, particularly…
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    Mar 13

    What’s next for the Mortgage Stress Test

    By ClientFirstMortgages Mortgage News & Events
    The Office of the Superintendent of financial Institutions (OSFI) recently decided to maintain the minimum qualifying rate for uninsured mortgages,…
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    Mar 13

    New Housing Measures Announced in 2024 Budget

    By ClientFirstMortgages Mortgage News & Events
    The 2024 Budget unveiled by the BC Government introduces significant changes aimed at addressing housing affordability and availability issues in…
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    Jan 26

    Will there be rate cuts in 2024?

    By ClientFirstMortgages Mortgage News & Events
    Rate Hikes/Rate Cuts- Bank of Canada Holds Benchmark Rate at 5.0% Will there be rate cuts in 2024? In the…
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    Jan 12

    Will there be an upturn in Canada’s Housing and Mortgage Market in 2024

    By ClientFirstMortgages Mortgage News & Events
    Will there be an upturn in Canada's Housing and Mortgage Market? As we step into 2024, prospective homebuyers in Canada…
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    Dec 15

    Interest Payments Increase and Mortgage Principle Paid Declines

    By ClientFirstMortgages Mortgage News & Events
    Rising Interest Rates Impact Canadian Mortgage Landscape Surge in Mortgage Interest Payments Since the initiation of interest rate hikes by…
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