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Bank of Canada Rate Announcement May 24th, 2017 with Commentary!

Bank of Canada Rate Announcement May 24th, 2017 with Commentary!

The Bank of Canada made their regular rate announcement this morning, you will find that below, followed by commentary by Dr. Sherry Cooper, Chief Economist at Dominion Lending Centres. In typical Dr. Sherry style, she uses some great words, including the word "terse"...

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Are Low Interest Rates Driving Up House Prices?

Are Low Interest Rates Driving Up House Prices?

Hope you had a great May Long Weekend! One of our Canadian Mortgage Experts, Dustan Woodhouse, just published the post Mortgage-Geek History appeared first on his website. But we liked it so much, we decided to re-publish it here. Get ready to experience clarity as it...

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Home Sales Down in April, Led by Toronto

Home Sales Down in April, Led by Toronto

Now, although this article primarily deals with the housing market in Toronto, and while Canadian Mortgage Experts is most active on the west coast of Canada, we thought it would be good to share this information on our blog. From the desk of Dr. Sherry Cooper,...

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Canadian Wage Gains Fall to Another Record Low in April

Canadian Wage Gains Fall to Another Record Low in April

Canadian Unemployment Rate in April at 6.5%--Lowest Rate Since October 2008 --But Annual Wage Gains fell to Another Record Low Canada's economy generated virtually no net new job growth in April, on the heels of a multi-month employment rally that was the strongest in...

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How to Measure Your Productivity

How to Measure Your Productivity

Productivity expert Chris Bailey from A Life of Productivity is a great resource to help you get things done. And as vague as that sounds, let's say you're looking to save a downpayment on a new house, pay down some debts, repair your credit, or just get yourself in...

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Playing With ‘House Money’

Playing With ‘House Money’

How much of the current record-setting price gains in several Ontario and BC markets are self perpetuating? That is, ‘I just got paid $100,000 over asking, so now I too will pay $100,000 over asking…’ After all it is ‘found money’ – easy come easy go. For those of you...

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